Primarily used in the production of dyes and pigments, this compound serves as a key intermediate in synthesizing azo dyes, which are widely applied in textiles, inks, and coatings. It also plays a role in the manufacture of hair dyes, contributing to color stability and intensity. Additionally, it is utilized in the synthesis of certain polymers and resins, enhancing their performance in industrial applications. In the pharmaceutical industry, it acts as a building block for developing active pharmaceutical ingredients (APIs) and other fine chemicals. Its reactivity and structural properties make it valuable in organic synthesis for creating complex molecules.