Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of kinase inhibitors and antitumor agents. Its structure supports the formation of biologically active heterocyclic compounds. Commonly employed in medicinal chemistry for constructing pyrazole-based scaffolds that exhibit anti-inflammatory, antiviral, and anticancer activities. Also utilized in the preparation of functionalized pyrazole derivatives for use in pesticide formulations and materials science research.