Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antifungal, antibacterial, and anti-inflammatory properties. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for constructing pyrazole-based drug candidates. It is also employed in the preparation of novel pesticides and herbicides due to its ability to enhance the biological activity of active ingredients. Additionally, it serves as a building block in materials science for designing specialty heterocyclic compounds used in electronic and optical applications.