Used in organic synthesis as a building block for creating more complex chemical compounds. It serves as a precursor in the production of pharmaceuticals, particularly in the development of drugs targeting neurological disorders. Also employed in the synthesis of dyes and pigments, contributing to vibrant and stable colors in textiles and inks. In material science, it is utilized for the development of polymers with enhanced thermal and mechanical properties. Additionally, it plays a role in the creation of corrosion inhibitors, protecting metals from degradation in industrial applications.