Used primarily in organic synthesis, it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of heterocyclic compounds, which are essential in drug development. Additionally, it is employed in the preparation of dyes and pigments due to its ability to form stable azo compounds. In research, it is utilized for studying reaction mechanisms and developing new chemical entities. Its applications also extend to the field of material science, where it contributes to the creation of specialized polymers and coatings.