This chemical is primarily used in the production of hair dyes and colorants. It acts as a key intermediate in the synthesis of oxidative hair dye formulations, providing long-lasting and vibrant color results. Its ability to react with other compounds in the dye mixture allows for a wide range of shades to be achieved, making it a versatile ingredient in the cosmetics industry. Additionally, it is utilized in the manufacturing of certain polymers and resins, where it contributes to the development of materials with enhanced durability and performance. In industrial applications, it can also serve as a precursor in the synthesis of specialty chemicals used in various manufacturing processes.