Ethyl 5-hydroxy-1-phenyl-1H-pyrazole-3-carboxylate finds application in the field of organic synthesis, particularly as a versatile intermediate for the preparation of various heterocyclic compounds. Its structure allows for further functionalization, making it valuable in the development of pharmaceuticals, where it can be used to create potential drug candidates with therapeutic properties. Additionally, it serves as a building block in the synthesis of agrochemicals, contributing to the production of pesticides or herbicides. The compound’s pyrazole core is also of interest in material science for designing functional materials with specific properties. Its applications are driven by its ability to undergo diverse chemical reactions, enabling its use in research and industrial processes.