Used primarily as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and analgesic agents. It serves as a building block in the preparation of pyrazole-based compounds that exhibit anti-inflammatory, antipyretic, and pain-relieving properties. Its structure supports the design of selective COX-2 inhibitors, contributing to improved safety profiles in certain medications. Additionally, it finds use in agrochemical research for developing new pesticides and herbicides due to its stable aromatic framework and favorable reactivity.