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 active pharmaceutical ingredients (APIs) that target various therapeutic areas. Its pyrazole core is a common motif in medicinal chemistry due to its ability to interact with biological targets, making it valuable for drug discovery efforts. Additionally, it is employed in the creation of agrochemicals, where it contributes to the development of compounds with potential pesticidal or herbicidal properties. Researchers also explore its use in material science for designing novel organic materials with specific electronic or photophysical properties.