This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of dyes and pigments. Its structure allows it to act as an intermediate in the production of complex molecules used in the textile industry for coloring fabrics. Additionally, it finds application in the field of polymer chemistry, where it is used to modify the properties of polymers, enhancing their durability and performance. In the pharmaceutical sector, it serves as a building block for the creation of certain active pharmaceutical ingredients (APIs), contributing to the development of new medications. Its versatility also extends to research and development, where it is employed in the study of chemical reactions and the synthesis of novel materials.