This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the development of more complex molecules. Its structure, featuring a pyrazole ring, makes it valuable for constructing compounds with potential biological activity. Researchers often employ it in the synthesis of pharmaceuticals, particularly in the creation of drugs targeting specific enzymes or receptors. Additionally, its nitro group and ester functionality allow for further chemical modifications, enabling the production of diverse derivatives for screening in drug discovery programs. It may also find use in agrochemical research for developing new pesticides or herbicides, leveraging its structural versatility to interact with biological targets in pests or weeds.