Primarily used in the synthesis of organic compounds, it serves as a key intermediate in the production of dyes and pigments, imparting color to various materials. It is also employed in the development of pharmaceuticals, where it contributes to the creation of active ingredients for medicinal drugs. Additionally, it finds application in the manufacture of agrochemicals, aiding in the formulation of pesticides and herbicides that protect crops. Its role in polymer chemistry is notable, as it helps in the production of specialized resins and coatings. Furthermore, it is utilized in research and development for creating novel chemical entities with potential industrial applications.