Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the development of pyrazole-based active ingredients. Its aldehyde functional group allows for easy modification, enabling the formation of more complex molecules. Commonly utilized in the production of crop protection agents, including insecticides and fungicides, due to the biological activity associated with the pyrazole scaffold. Also finds use in medicinal chemistry for constructing heterocyclic compounds with potential therapeutic effects.