This chemical is primarily utilized in the synthesis of advanced organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure makes it a valuable intermediate in creating molecules with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Additionally, it is employed in research settings to study sulfonyl and biphenyl derivatives, which are crucial in designing materials with specific chemical and physical properties. Its application extends to the production of dyes and pigments, where its unique chemical framework contributes to the stability and colorfastness of the final products.