Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and COX-2 inhibitors. Its structure supports the formation of bioactive molecules with analgesic and antipyretic properties. Also employed in agrochemicals for creating pesticides and herbicides due to its ability to enhance molecular stability and reactivity. Serves as a building block in heterocyclic chemistry for constructing complex pyrazole derivatives with potential biological activity.