Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic agents. Its structure supports the creation of pyrazole-based bioactive molecules, which are known for their therapeutic potential in treating conditions like arthritis and other inflammatory diseases. Also employed in agrochemical formulations for enhancing the efficacy of certain pesticides. Additionally, it serves as a building block in medicinal chemistry research for designing new compounds with targeted biological activity.