This chemical is primarily used as an intermediate in the synthesis of dyes and pigments, particularly in the production of colorants for textiles, plastics, and inks. Its structure allows it to act as a precursor in the development of complex dye molecules, contributing to vibrant and stable colors. Additionally, it finds application in the manufacturing of certain polymers and resins, where it can enhance properties such as durability and chemical resistance. In industrial settings, it is also utilized in the formulation of corrosion inhibitors, helping to protect metal surfaces from degradation. Its role in organic synthesis further extends to the creation of specialized chemicals used in research and development.