Used primarily in organic synthesis as a building block for more complex molecules. It serves as an intermediate in the production of pharmaceuticals, particularly in the development of drugs targeting inflammation and cancer. The compound is also employed in the synthesis of agrochemicals, contributing to the creation of pesticides and herbicides. Its pyrazole ring structure makes it valuable in the design of compounds with potential biological activity. Additionally, it is utilized in research settings for the development of novel chemical entities with therapeutic properties.