Used primarily in the synthesis of dyes and pigments, it serves as an intermediate in the production of colorants for textiles, inks, and coatings. Its structure allows for the creation of complex and stable dyes with specific color properties. Additionally, it is employed in the development of pharmaceuticals, particularly in the synthesis of active compounds for medicinal applications. In research, it is utilized as a building block for organic synthesis, enabling the creation of novel chemical entities for various industrial and scientific purposes.