Used primarily in organic synthesis, it serves as an intermediate in the production of pharmaceuticals and agrochemicals. Its structure is valuable for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). The compound is often employed in the synthesis of compounds with potential therapeutic properties, such as enzyme inhibitors or receptor modulators. Additionally, it can be utilized in the preparation of dyes and pigments due to its aromatic amine functionality. Its stability and reactivity make it a versatile building block in various chemical processes.