This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly those targeting central nervous system disorders. It serves as a key intermediate in the production of benzothiazole derivatives, which exhibit anti-inflammatory, antimicrobial, and anticancer properties. Additionally, it is utilized in the development of dyes and pigments for industrial applications due to its stable aromatic structure. In research, it plays a role in studying enzyme inhibition and receptor interactions, contributing to advancements in medicinal chemistry.