Used primarily as an intermediate in the synthesis of various organic compounds, this chemical plays a role in the production of dyes, pigments, and pharmaceuticals. Its structure is beneficial in creating molecules with specific biological activities, making it valuable in drug development, particularly for antimicrobial and antifungal agents. Additionally, it is utilized in the manufacturing of rubber chemicals, where it contributes to the enhancement of vulcanization processes, improving the durability and performance of rubber products. In agricultural applications, it serves as a precursor in the formulation of certain pesticides and herbicides, aiding in crop protection. Its versatility in chemical reactions makes it a useful component in research and industrial chemistry.