This chemical is primarily used as an intermediate in the synthesis of organic compounds, particularly in the production of dyes and pigments. Its structure makes it valuable for creating colorants used in various industries, including textiles, inks, and coatings. Additionally, it plays a role in the development of photochromic materials, which are used in lenses and smart windows that change color in response to light. Its reactivity and stability also make it suitable for research in organic chemistry, especially in studies involving indoline derivatives.