Used as an intermediate in the synthesis of phthalocyanine dyes, which are widely applied in the production of pigments, coatings, and inks due to their excellent stability and vibrant colors. It also finds application in the development of organic semiconductors and electronic materials, contributing to advancements in optoelectronic devices such as organic light-emitting diodes (OLEDs) and solar cells. Additionally, it is utilized in research for creating advanced materials with specific optical and electronic properties.