Used primarily as an intermediate in the synthesis of more complex organic compounds, this chemical finds application in the production of dyes and pigments, where it contributes to the development of vibrant and stable colors. It is also employed in the pharmaceutical industry for the creation of active pharmaceutical ingredients (APIs), particularly in the synthesis of compounds with potential therapeutic properties. Additionally, it serves as a building block in agrochemical research for the development of herbicides and pesticides, aiding in the protection of crops and enhancing agricultural productivity. Its role in organic synthesis extends to the preparation of specialty chemicals used in various industrial processes.