Used primarily in the pharmaceutical and agrochemical industries, this compound serves as a key intermediate in the synthesis of various biologically active molecules. In pharmaceuticals, it is employed in the development of drugs targeting inflammation, pain, and central nervous system disorders due to its pyrazole core, which is known for its therapeutic potential. In agrochemicals, it contributes to the creation of pesticides and herbicides, leveraging its structural properties to enhance efficacy and selectivity. Additionally, its cyclopropyl group offers stability and unique reactivity, making it valuable in organic synthesis for constructing complex molecules.