Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It serves as a building block for creating molecules that may exhibit biological activity, such as anti-inflammatory, antimicrobial, or neuroprotective properties. Additionally, it is utilized in organic chemistry research for studying reaction mechanisms and developing new synthetic pathways. Its structure makes it valuable in the production of dyes and pigments, contributing to the coloration of various materials. In industrial applications, it acts as a corrosion inhibitor, protecting metal surfaces from degradation.