This compound is primarily utilized in organic synthesis as a versatile intermediate for the development of more complex chemical structures. It serves as a key building block in the preparation of pharmaceuticals, particularly in the synthesis of biologically active molecules such as anti-inflammatory and analgesic agents. Additionally, it is employed in the creation of agrochemicals, where it contributes to the development of pesticides and herbicides. Its pyrazole core structure is valued for its ability to interact with various biological targets, making it a valuable component in medicinal chemistry research. Furthermore, it is used in material science for the design of organic compounds with specific electronic or photophysical properties.