Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of active ingredients targeting central nervous system disorders and inflammation. Its structure allows for easy modification, making it valuable in medicinal chemistry for creating novel pyrazole-based compounds. Also employed in agrochemical research for designing new pesticides and herbicides due to the bioactive nature of pyrazole derivatives. Commonly utilized in organic synthesis to build more complex molecules through ester hydrolysis, coupling reactions, or heterocyclic elaboration.