This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs). It serves as a key intermediate in the production of pyrazole derivatives, which are known for their biological activities, including anti-inflammatory, antimicrobial, and anticancer properties. Additionally, it is employed in organic chemistry research for constructing complex molecules due to its reactive chloromethyl group, which facilitates further functionalization. Its role in medicinal chemistry is significant, as it contributes to the creation of novel therapeutic agents targeting diverse diseases.