Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive compounds. Its structure supports the construction of pyrazole-based heterocycles, which are common motifs in medicinal chemistry due to their metabolic stability and ability to engage in hydrogen bonding. It is also employed in agrochemical research for designing new pesticides and herbicides, leveraging its reactivity in cross-coupling and cyclization reactions. Additionally, it serves as a building block in the preparation of functional materials and specialty chemicals.