Used primarily in the synthesis of dyes and pigments, it serves as a key intermediate in producing hair dyes and colorants. Its properties make it suitable for creating vibrant and long-lasting colors in cosmetic formulations. Additionally, it finds application in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals, where it acts as a building block for more complex molecules. Its role in research and development is also notable, aiding in the study of chemical reactions and material properties.