This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical structures. It serves as a key building block in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. Its pyrazole ring structure is of interest in medicinal chemistry due to its ability to interact with biological targets, making it valuable in drug discovery and development. Additionally, it can be employed in the creation of agrochemicals, such as pesticides or herbicides, where its structural features contribute to the efficacy of the final product. Researchers also explore its use in material science for designing functional materials with specific properties.