Used primarily in organic synthesis, it serves as a key intermediate for producing various pharmaceuticals and agrochemicals. It is particularly valuable in the preparation of dyes, where it acts as a building block for complex colorants. Additionally, it is employed in the synthesis of polymers and resins, enhancing their properties for industrial applications. Its reactivity with amines and alcohols makes it useful in creating amides and esters, which are essential in numerous chemical processes. In research, it is utilized to modify and functionalize molecules, aiding in the development of new compounds with specific characteristics.