Used primarily in the synthesis of dyes and pigments, it serves as a key intermediate in the production of colorants for textiles, inks, and plastics. Its chemical structure allows it to form stable and vibrant colors, making it valuable in industrial applications. Additionally, it is utilized in the manufacture of certain pharmaceuticals, where it acts as a building block for active compounds. In agrochemicals, it contributes to the development of pesticides and herbicides, enhancing their effectiveness. Its versatility in organic synthesis makes it a crucial component in various chemical manufacturing processes.