Used primarily as a chemical reagent in organic synthesis, this compound serves as a source of diazomethane when treated with base. Diazomethane is widely used for methylating carboxylic acids, phenols, and other acidic functional groups due to its high reactivity and selectivity. It is also employed in the preparation of heterocyclic compounds and in cyclopropanation reactions. Because of its ability to generate diazomethane in situ, it is favored in laboratories where safe, controlled release of diazomethane is required. Its solid form makes it easier and safer to handle compared to gaseous diazomethane. Commonly used in pharmaceutical and agrochemical research for introducing methyl groups under mild conditions.