This chemical is primarily used as a pigment in various industrial applications due to its excellent lightfastness and weather resistance. It is commonly employed in the coloration of plastics, coatings, and inks, providing vibrant and durable shades, particularly in the red to violet spectrum. Its stability under UV exposure makes it suitable for outdoor applications, such as automotive paints and architectural coatings. Additionally, it is utilized in the textile industry for dyeing synthetic fibers, ensuring long-lasting color retention even after repeated washing and exposure to sunlight. Its non-toxic nature also allows for safe use in consumer products, including packaging materials and toys.