Used primarily as an intermediate in the synthesis of azo dyes and pigments, especially for yellow and orange shades in printing inks, coatings, and textiles. It also serves in the production of agrochemicals, including certain herbicides and insecticides, due to its ability to form biologically active compounds. Additionally, it is employed in the manufacture of specialty chemicals such as antioxidants and stabilizers for polymers. Its structure allows for easy functionalization, making it valuable in organic synthesis for pharmaceuticals and fine chemicals.