Widely used as an intermediate in the synthesis of dyes and pigments, particularly for coloring textiles, plastics, and inks. Its structure allows it to form stable, vibrant colors, making it valuable in industrial dye production. Additionally, it serves as a key building block in the development of pharmaceuticals, especially in the creation of compounds with potential therapeutic properties. In agrochemical research, it is utilized to develop novel pesticides and herbicides due to its chemical reactivity and ability to form complex molecules. Its applications also extend to organic synthesis, where it is employed to create specialized chemicals for research and industrial processes.