Used in organic synthesis as a key intermediate for the production of various heterocyclic compounds, which are essential in pharmaceuticals and agrochemicals. It plays a role in the synthesis of active ingredients for drugs targeting neurological disorders and infections. Additionally, it is utilized in the development of dyes and pigments due to its reactivity and ability to form complex structures. Its application extends to material science, where it contributes to the creation of advanced polymers and coatings with specific properties.