Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of kinase inhibitors for cancer treatment. It serves as a building block in agrochemicals, contributing to the creation of novel pesticides and herbicides. Its structure allows for strong metal coordination, making it useful in catalysis and in the design of luminescent materials for optoelectronic devices. Also employed in research for developing new pyrazole-based bioactive compounds with potential antimicrobial and anti-inflammatory properties.