This chemical is primarily utilized in the synthesis of dyes and pigments, particularly in the production of water-soluble dyes for textiles and paper. Its sulfonic acid group enhances solubility in water, making it suitable for applications requiring even dye distribution. Additionally, it serves as an intermediate in the preparation of pharmaceutical compounds, especially those targeting anti-inflammatory and antimicrobial properties. Its structural features also make it a valuable component in research for developing new materials with specific optical or electronic properties.