Used as an intermediate in the synthesis of organic compounds, particularly in the production of dyes and pigments. It plays a role in the development of materials for organic light-emitting diodes (OLEDs) and LEDs due to its electron-transporting and optical properties. Additionally, it is utilized in the creation of pharmaceuticals, where it serves as a building block for active ingredients and bioactive agents, with its structure modifiable for improved biological target binding. Its applications also extend to the field of agrochemicals, contributing to the formulation of pesticides and herbicides.