This chemical is primarily used in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. Its structure allows it to act as an intermediate in creating compounds that target pain and inflammation pathways in the body. Additionally, it finds application in organic research as a building block for more complex molecules, aiding in the study of chemical reactions and drug design. Its role in the production of dyes and pigments is also notable, contributing to color stability and intensity in various industrial applications.