Used in pharmaceutical synthesis as an intermediate for bioactive compounds, particularly in the development of pyrazole-containing drugs with anti-inflammatory and antimicrobial properties. Also employed in agrochemicals to enhance the stability and activity of crop protection agents. Its functional group allows conjugation in peptide-like structures, making it useful in medicinal chemistry for designing enzyme inhibitors. Additionally, it serves as a building block in coordination chemistry for creating metal-organic frameworks with potential catalytic applications.