This compound is primarily utilized in the synthesis of various pharmaceuticals due to its pyrazole core, which is a common structural motif in drug development. It serves as a key intermediate in the production of compounds with potential anti-inflammatory, analgesic, and antipyretic properties. Additionally, it is employed in agrochemical research for developing pesticides and herbicides, leveraging its heterocyclic structure to enhance biological activity. In material science, it is explored for creating advanced polymers and coatings with specific functional properties. Its versatility also extends to organic synthesis, where it acts as a building block for more complex molecules in academic and industrial research.