This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and psychiatric disorders. It serves as a key intermediate in the development of drugs that modulate neurotransmitter systems, such as dopamine and serotonin receptors. Additionally, it is employed in the production of advanced materials, including liquid crystals and organic semiconductors, due to its unique structural properties. Its role in organic synthesis also extends to the creation of dyes and pigments, where its aromatic amine functionality is critical for color development.