This chemical is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). It plays a significant role in the development of anti-inflammatory and analgesic drugs, contributing to the creation of compounds that help manage pain and inflammation in medical treatments. Additionally, it is used in research laboratories for the study of pyrazole derivatives, which are known for their diverse biological activities. Its structural properties make it valuable for designing and optimizing drug molecules with improved efficacy and safety profiles.