This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the production of dyes and pigments. It serves as a key intermediate in the creation of complex molecules used in the textile industry for coloring fabrics. Additionally, it is employed in the development of pharmaceuticals, where it acts as a building block for the synthesis of active pharmaceutical ingredients (APIs) that target specific medical conditions. Its reactivity and structure make it valuable in organic chemistry research, enabling the exploration of new reactions and the development of novel compounds with potential industrial or therapeutic applications.