Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of pyrazole-based bioactive compounds. Its structure allows for functionalization in drug design, especially in creating kinase inhibitors and anti-inflammatory agents. The chloromethyl group enables easy attachment to other molecular frameworks, making it valuable in medicinal chemistry for building complex molecules. Also employed in agrochemical research for developing new active ingredients in crop protection agents due to its stability and reactivity profile.