Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is valuable in the development of pyrazole-based drugs, which are known for their anti-inflammatory, analgesic, and antipyretic properties. Additionally, it finds application in the creation of herbicides and pesticides, where its bromine atom enhances reactivity and effectiveness. The compound is also utilized in research for designing novel heterocyclic compounds with potential biological activities. Its versatility makes it a significant component in medicinal chemistry and crop protection studies.