Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a crucial role in producing vibrant and stable colors for textiles and industrial applications. It is also employed in the manufacturing of pharmaceuticals, particularly in the development of certain active compounds for therapeutic use. Additionally, it finds application in organic synthesis, where it serves as a building block for creating complex chemical structures in research and industrial processes. Its properties make it valuable in producing specialty chemicals and agrochemicals, contributing to advancements in various fields.