Used primarily in the synthesis of organic compounds, it serves as a key intermediate in the production of dyes, pigments, and fluorescent whitening agents. Its reactivity allows for the creation of complex molecules, making it valuable in pharmaceutical research for developing active ingredients. Additionally, it is employed in material science for modifying polymers to enhance their properties, such as thermal stability and mechanical strength. In industrial applications, it contributes to the manufacturing of advanced materials with specific optical or electronic characteristics.