This compound is primarily utilized in the synthesis of complex organic molecules, particularly in pharmaceutical research and development. It serves as a key intermediate in the production of various bioactive compounds, including potential drug candidates. Its pyrazole core structure is valuable in medicinal chemistry for designing molecules with therapeutic properties, such as anti-inflammatory, antimicrobial, or anticancer activities. Additionally, it is employed in agrochemical research for developing novel pesticides or herbicides due to its structural versatility. The ester functional group in the molecule allows for further chemical modifications, making it a versatile building block in organic synthesis. Researchers also explore its use in coordination chemistry for creating metal-organic frameworks (MOFs) or catalysts. Its applications extend to material science, where it contributes to the development of advanced materials with specific properties.