Used primarily in the synthesis of pharmaceutical compounds, it serves as a key intermediate in the production of various drugs, particularly those targeting central nervous system disorders. Its pyrazole moiety makes it valuable in creating molecules with potential anti-inflammatory and analgesic properties. Additionally, it is utilized in the development of agrochemicals, contributing to the creation of pesticides and herbicides. In research, it is employed in the design of ligands for metal coordination complexes, aiding in catalysis and material science studies. Its versatility also extends to the field of organic synthesis, where it is used to construct heterocyclic compounds with diverse biological activities.