Used primarily in the synthesis of dyes and pigments, this compound plays a crucial role in the production of colorants for textiles, inks, and plastics. Its chemical structure allows it to act as an intermediate in the creation of complex dye molecules, enhancing color fastness and stability. Additionally, it finds application in the development of hair dyes, where it contributes to the formulation of long-lasting and vibrant colors. In the field of organic synthesis, it serves as a building block for the preparation of various aromatic compounds, facilitating the creation of pharmaceuticals and agrochemicals. Its versatility in chemical reactions makes it a valuable component in industrial chemistry.