Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of heterocyclic compounds and pharmaceuticals. Its hydrazine functionality allows it to act as a building block in the formation of various nitrogen-containing rings, which are common in bioactive molecules. It is also employed in the development of agrochemicals and specialty polymers where controlled nitrogen release or specific molecular structure is required. Due to its reactivity, it is handled under controlled conditions to ensure stability and safety during synthesis processes.