Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) with anti-inflammatory and antimicrobial properties. Its structure supports the construction of heterocyclic compounds that are common in modern drug design. It is also employed in agrochemical research for the creation of novel pesticides and herbicides due to its ability to enhance molecular stability and bioavailability. Additionally, it serves as a building block in organic synthesis for creating complex pyrazole derivatives used in materials science and medicinal chemistry.