This chemical is primarily utilized as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its structure allows it to act as a building block for creating more complex molecules, especially those requiring a pyrazole ring. It is often employed in the development of active pharmaceutical ingredients (APIs) for drugs targeting various therapeutic areas, including anti-inflammatory and antimicrobial agents. Additionally, it finds use in the synthesis of pesticides and herbicides, contributing to the formulation of compounds that protect crops from pests and diseases. Its reactivity and versatility make it a valuable component in research and industrial applications.