Used primarily in the synthesis of pharmaceuticals, this compound serves as a key intermediate in the production of various drugs, particularly those targeting the central nervous system. It is also employed in the development of agrochemicals, contributing to the creation of pesticides and herbicides. In research, it acts as a building block for organic synthesis, aiding in the study of complex chemical reactions and the development of new materials. Its role in the manufacturing of dyes and pigments is notable, where it helps achieve specific color properties and stability. Additionally, it finds application in the production of specialty chemicals used in industrial processes.