This chemical is primarily utilized in the field of organic synthesis as a versatile intermediate. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. Its structure, featuring a bromine atom and a pyrazolone core, makes it valuable for further functionalization through cross-coupling reactions, which are essential in creating complex molecules. Additionally, it is explored in the research of agrochemicals, where it serves as a precursor for developing new pesticides or herbicides. Its application extends to material science, where it can be used in the preparation of specialty chemicals or polymers with unique properties.