Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with pyrazole scaffolds. Its functional groups—aldehyde and ester—allow for versatile chemical transformations, such as condensation, reduction, and cyclization reactions, enabling the construction of complex heterocyclic compounds. Commonly employed in medicinal chemistry for designing inhibitors and functionalized pyrazole derivatives with potential anti-inflammatory, antimicrobial, or insecticidal properties.