This chemical is primarily used in the dye industry for the production of anthraquinone dyes, which are known for their vibrant colors and excellent lightfastness. It serves as an intermediate in the synthesis of dyes for textiles, leather, and paper, providing shades ranging from yellow to red. Additionally, it finds application in the manufacturing of pigments for inks and coatings. Its role in creating high-quality, durable colorants makes it valuable in industries where color stability and intensity are critical.