Used as an intermediate in the synthesis of dyes and pigments, particularly in the production of sulfur-based and disperse dyes for textiles. It plays a role in the development of heat-stable and light-fast colorants for synthetic fibers. Also employed in the preparation of nonlinear optical materials due to its electron donor-acceptor structure. Additionally, it serves as a building block in organic semiconductors and photoconductive compounds used in imaging devices and electrophotographic materials.