Used primarily as an intermediate in the synthesis of dyes and pigments, this compound plays a key role in producing colorants for textiles, plastics, and inks. Its chemical structure allows it to act as a precursor in the development of complex dye molecules, enhancing color fastness and stability. Additionally, it is employed in the manufacturing of certain agrochemicals, where it serves as a building block for herbicides and fungicides. Its antimicrobial properties also make it useful in formulating preservatives for industrial and cosmetic products, helping to prevent microbial growth and extend shelf life.