Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It serves as a building block in the preparation of heterocyclic compounds, particularly in the formation of substituted pyrazoles and triazoles, which are common scaffolds in bioactive molecules. Its hydrazine functionality allows for condensation reactions with carbonyl compounds, enabling use in the development of dyes and functional materials. Also employed in research settings for the design of novel compounds with potential antimicrobial or anti-inflammatory activity.