Used primarily as a chemical intermediate in organic synthesis, it plays a role in the production of dyes and pigments due to its ability to form complex structures. It is also employed in research settings for studying azo compounds and their reactions, particularly in the development of new materials with specific optical properties. Additionally, it finds application in analytical chemistry as a reagent for detecting and quantifying certain substances. Its stability and reactivity make it useful in controlled chemical processes, including polymerization reactions where precise molecular structures are required.