This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its pyrazole core structure is particularly valuable in the development of biologically active molecules, including potential drugs targeting inflammation, pain, and central nervous system disorders. Additionally, it finds application in the synthesis of herbicides and pesticides, contributing to the control of weeds and pests in agricultural settings. The carboxylic acid group in its structure allows for further functionalization, enabling the creation of derivatives with tailored properties for specific applications.