Used primarily in the dye industry, this compound is a key intermediate in the synthesis of various azo dyes and pigments. It contributes to the production of vibrant and durable colors for textiles, leather, and paper. Additionally, it is employed in the manufacturing of hair dyes, providing long-lasting and rich shades. In the field of polymer chemistry, it serves as a building block for creating specialized polymers with enhanced properties, such as improved thermal stability and mechanical strength. Its application extends to the development of antioxidants and stabilizers in the rubber and plastics industries, helping to prolong the lifespan of materials by preventing degradation.