Used in the synthesis of organic compounds, particularly in the development of pharmaceuticals and agrochemicals. It serves as a building block for creating complex molecules, including potential drugs targeting neurological disorders due to its structural similarity to certain neurotransmitters. Additionally, it is employed in the production of dyes and pigments, leveraging its aromatic naphthalene group to enhance color properties. In research, it is utilized as a precursor in the study of chemical reactions and mechanisms involving amine functional groups.