Used extensively in the pharmaceutical industry as a key intermediate in the synthesis of various drugs, particularly those targeting inflammation and pain. Its pyrazole ring structure is crucial for developing compounds with anti-inflammatory, analgesic, and antipyretic properties. Additionally, it serves as a building block in agrochemicals for creating pesticides and herbicides due to its ability to enhance the efficacy of active ingredients. In material science, it is employed in the development of organic compounds for electronic applications, such as organic semiconductors and light-emitting diodes (OLEDs). Its versatility also extends to coordination chemistry, where it acts as a ligand in forming metal complexes for catalytic processes.