Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive molecules with antifungal, antibacterial, and anticancer properties. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for constructing nitrogen-containing heterocyclic compounds. Commonly employed in cross-coupling reactions such as Suzuki and Heck reactions to build complex molecules. Also utilized in the preparation of pyrazole-based ligands for catalysts and in materials science for designing functional organic materials.