Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a crucial role in the production of colorants for textiles, plastics, and inks. Its chemical structure allows it to act as a building block in creating complex dye molecules, enhancing color fastness and stability. Additionally, it finds application in the manufacturing of certain agrochemicals, where it serves as a precursor in the development of herbicides and pesticides. Its versatility in organic synthesis makes it valuable in research and industrial processes requiring precise chemical modifications.