Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a crucial role in producing colorants for textiles, inks, and plastics. Its structure allows for the creation of complex dye molecules with enhanced stability and colorfastness. Additionally, it finds application in the development of organic semiconductors, contributing to advancements in electronic devices such as OLEDs and solar cells. In polymer chemistry, it serves as a building block for high-performance polymers, improving thermal and mechanical properties. Its versatility also extends to corrosion inhibitors, where it helps protect metal surfaces in industrial settings.