This chemical is primarily utilized in the pharmaceutical and agrochemical industries due to its unique structural properties. In pharmaceuticals, it serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs), particularly those targeting central nervous system disorders and inflammation. Its pyrazolo[1,5-a]pyrimidine core is valuable for developing compounds with potential therapeutic effects.

In agrochemicals, it is employed in the creation of novel pesticides and herbicides. Its structure allows for the development of molecules that can effectively target pests or weeds while minimizing environmental impact. Additionally, it is explored in research for its potential applications in material science, particularly in the design of organic electronic materials due to its conjugated system. Its versatility makes it a valuable compound in diverse scientific fields.