Used primarily in organic synthesis as a reagent for the preparation of various chemical compounds. It serves as a precursor in the development of triazene derivatives, which are studied for their potential biological activities, including anticancer properties. Additionally, it is employed in research settings to explore its role in photodynamic therapy, where it may help in the selective destruction of cancer cells. The compound is also utilized in the study of azo compounds, which are important in dye and pigment industries. Its applications extend to material science, where it contributes to the development of novel polymers and coatings with specific functional properties.