Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and agrochemicals. It is often employed in the development of active pharmaceutical ingredients (APIs) due to its structural properties, which allow for further functionalization. Additionally, it finds application in research settings for studying chemical reactions and mechanisms, particularly in the context of amide bond formation and aromatic substitution reactions. Its role in the synthesis of dyes and pigments is also notable, contributing to the creation of colorants for industrial use.