Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, it plays a key role in the production of active ingredients for drugs targeting various diseases. Its incorporation into complex molecules enhances their biological activity and selectivity. Additionally, it is utilized in the development of dyes and pigments, contributing to the vibrancy and stability of colorants in industrial applications. Its unique chemical structure allows for the creation of advanced materials, including polymers and resins, which are essential in high-performance coatings and electronic components.