This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly as an intermediate in the production of agrochemicals and biologically active molecules. Its structure is valuable in the development of pyrazole-based derivatives, which are known for their diverse therapeutic properties, including anti-inflammatory, antimicrobial, and anticancer activities. Additionally, it serves as a key building block in organic chemistry research for creating novel heterocyclic compounds with potential applications in drug discovery and material science. Its role in fine chemical manufacturing underscores its importance in advancing medicinal chemistry and industrial applications.