Used primarily as an intermediate in the synthesis of dyes and pigments, it plays a key role in producing colorants for textiles, inks, and plastics. It is also employed in the manufacture of antioxidants for industries including rubber, polymers, lubricants, and fuels, to enhance the stability and lifespan of materials by preventing oxidative degradation, UV damage, and heat-induced deterioration. Additionally, it finds application in the development of liquid crystals used in electronic displays, contributing to the performance of LCD screens. Its derivatives are explored in pharmaceutical research for potential therapeutic properties. Furthermore, it is used in the production of coatings and paints to improve resistance to environmental degradation.