Used primarily in the synthesis of fine chemicals and pharmaceuticals, it serves as a key intermediate in the production of various compounds. In the agrochemical industry, it is utilized to create crop protection agents. Additionally, it plays a role in the manufacture of dyes and pigments, contributing to vibrant colorants for textiles and plastics. Its application extends to polymer production, where it is incorporated into specialty polymers to enhance their properties. In research, it is employed in organic synthesis to develop new molecules with potential biological activity.