Used as a key intermediate in the synthesis of agrochemicals, particularly in the production of certain herbicides and plant growth regulators. It serves as a building block in the development of pyrazole-based compounds that exhibit biological activity against weeds and pests. Also utilized in the pharmaceutical industry for the preparation of active pharmaceutical ingredients (APIs) due to its role in constructing nitrogen-containing heterocycles. Its derivatives show potential in medicinal chemistry for anti-inflammatory and antimicrobial applications. Additionally, it finds use in research laboratories as a ligand or catalyst modifier in coordination chemistry and transition metal-catalyzed reactions.