This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in the development of specialized dyes and pigments. Its unique structure makes it valuable in creating high-performance materials with specific light-absorption properties, often used in industrial coatings and electronic displays. Additionally, it serves as a key intermediate in the production of agrochemicals, contributing to the formulation of pesticides and herbicides with enhanced efficacy. In pharmaceutical research, it is employed in the design of novel drug candidates, particularly those targeting specific biological pathways. Its applications also extend to material science, where it is used in the development of fluorinated polymers with unique thermal and chemical resistance properties.