Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of bioactive compounds with antimicrobial and antifungal properties. It also serves as a building block in the preparation of fluorescent dyes and optical brighteners due to its rigid aromatic structure and favorable photophysical characteristics. Its derivatives are explored in materials science for organic semiconductors and light-emitting diodes (OLEDs). Additionally, it finds use in research for designing novel heterocyclic compounds with potential therapeutic applications.