Used primarily as an intermediate in the synthesis of complex organic compounds, it plays a crucial role in the production of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). Its structure is beneficial in creating compounds with potential therapeutic effects. Additionally, it is utilized in the manufacture of dyes and pigments, contributing to the colorant industry. In material science, it serves as a building block for polymers and coordination polymers, enhancing material properties for various industrial applications. Its application in research and development is significant, aiding in the study of molecular interactions and the design of new materials with specific functionalities.