Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a crucial role in producing vibrant and stable colors for textiles and industrial applications. It is also employed in the pharmaceutical industry for the development of certain active pharmaceutical ingredients (APIs), contributing to the creation of medications. Additionally, it finds use in agrochemicals, aiding in the formulation of pesticides and herbicides that protect crops from pests and diseases. Its versatility in organic synthesis makes it valuable for constructing complex molecules in research and industrial settings.