Used primarily in the production of dyes and pigments, this chemical serves as a key intermediate in synthesizing various colorants for textiles, plastics, and inks. It is also employed in the manufacture of agrochemicals, including herbicides and pesticides, contributing to crop protection and yield enhancement. Additionally, it finds application in the pharmaceutical industry for the synthesis of certain active pharmaceutical ingredients (APIs). Its role in organic synthesis extends to the production of rubber chemicals and antioxidants, which are essential in enhancing the durability and performance of rubber products.