Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a key intermediate in the production of various biologically active molecules. It is particularly valuable in the development of drugs targeting central nervous system disorders and in the creation of pesticides or herbicides. Its pyrazole ring structure allows for versatile chemical modifications, making it a crucial building block in medicinal chemistry and crop protection research. Additionally, it may be utilized in the preparation of dyes and other specialty chemicals due to its reactive amine group.