Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of pharmaceuticals and agrochemicals. It is particularly valuable in the development of sulfonamide derivatives, which are essential in creating drugs with antibacterial and antifungal properties. Additionally, it is utilized in the manufacturing of dyes and pigments, contributing to the coloration of various industrial products. Its reactivity with amines and alcohols makes it a versatile building block for constructing complex molecules in research and industrial applications.