Used as an intermediate in the synthesis of dyes and pigments, particularly for high-performance colorants in inks and coatings. It also serves in the production of certain biologically active compounds, including antimicrobial and antitumor agents, due to its electron-deficient quinone structure. Additionally, it finds use in electrochemical applications such as organic semiconductors and battery materials, where its redox properties enhance charge transfer efficiency. Its reactivity makes it valuable in organic synthesis for constructing complex polycyclic frameworks.