Used in the synthesis of Schiff base complexes, which are crucial in coordination chemistry for creating metal complexes with various applications. These complexes are often employed as catalysts in organic reactions, enhancing efficiency and selectivity. Additionally, it serves as a ligand in the development of fluorescent probes, useful in bioimaging and sensing due to its ability to bind with metal ions and emit light. In material science, it contributes to the design of advanced materials with specific optical and electronic properties. Its derivatives are also explored for potential antimicrobial and anticancer activities, making it valuable in pharmaceutical research.