Primarily used as an intermediate in the synthesis of agrochemicals, particularly herbicides and fungicides, it plays a crucial role in protecting crops from pests and diseases. Its application extends to the production of dyes and pigments, where it serves as a key building block for creating colorants used in various industries. Additionally, it is utilized in the development of pharmaceuticals, contributing to the synthesis of active ingredients in certain medications. In material science, it aids in the creation of specialty polymers and resins, enhancing their properties for specific industrial applications.