Used primarily as an intermediate in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It plays a key role in the production of dyes and pigments due to its ability to introduce specific functional groups into complex molecules. Additionally, it is utilized in research and development for creating novel chemical entities with potential biological activity, such as antimicrobial or antifungal agents. Its structural properties make it valuable in the design of compounds for drug discovery and material science applications.