Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its role is crucial in the development of compounds with specific biological activities, particularly in the synthesis of dyes and pigments. Additionally, it finds application in the creation of polymers and resins, where it acts as a curing agent or cross-linking agent, enhancing the material properties. In research, it is utilized for studying reaction mechanisms and developing new synthetic pathways. Its versatility makes it valuable in industrial and academic settings.