This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various bioactive molecules, particularly in the design of drugs targeting inflammation and metabolic disorders. Its pyrazole core structure is valuable for creating compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators. Additionally, it is explored in agrochemical research for the synthesis of pesticides or herbicides due to its structural versatility and chemical reactivity.