This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly those targeting the central nervous system. It serves as a key intermediate in the production of certain antihistamines and analgesics, contributing to the development of medications that alleviate allergies and pain. Additionally, it finds application in the manufacture of dyes and pigments, where it acts as a precursor to create colorants for textiles, inks, and coatings. Its role in organic synthesis also extends to the production of specialty chemicals used in research and industrial processes.