Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals, particularly those targeting cardiovascular and neurological disorders. Its role in the synthesis of catechol derivatives is crucial for developing antioxidants and anti-inflammatory agents. Additionally, it finds application in the manufacture of dyes and pigments, contributing to vibrant and stable colorants for textiles and industrial materials. In agrochemicals, it aids in creating compounds that enhance crop protection and yield. Its utility in research extends to studying enzyme inhibition and biochemical pathways, offering insights into disease mechanisms and potential therapeutic targets.