This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its structure, featuring both an amine and an aromatic ring, makes it a versatile building block for creating more complex molecules. It is often employed in the development of drugs targeting neurological disorders due to its ability to interact with neurotransmitter systems. Additionally, it finds applications in the synthesis of dyes and pigments, where its aromatic amine functionality contributes to the color properties of the final product. In research, it is used to study receptor-ligand interactions, aiding in the understanding of biochemical pathways. Its role as a precursor in the synthesis of specialty chemicals further underscores its importance in industrial chemistry.