Used primarily in the synthesis of complex organic compounds, it serves as a key intermediate in the production of dyes and pigments. Its structure allows for the creation of vibrant and stable colors, making it valuable in the textile and printing industries. Additionally, it is employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. In research, it is utilized to study chemical reactions and mechanisms, aiding in the advancement of organic chemistry. Its role in creating specialized chemicals for industrial and scientific applications highlights its importance in various fields.