Used as a key intermediate in the synthesis of conjugated polymers for organic electronics, particularly in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its aromatic and heterocyclic structure enhances electron delocalization, improving charge transport in semiconductor materials. Also employed in the preparation of functional dyes and pigments due to its ability to form stable azo compounds. Additionally, it serves as a building block in pharmaceutical research for developing bioactive molecules with potential neurological or anti-inflammatory activity.