This chemical is widely used in the synthesis of dyes and pigments, particularly in the production of colorants for textiles, inks, and coatings. Its structure allows it to act as an intermediate in the creation of complex dye molecules, providing vibrant and stable colors. Additionally, it is employed in the development of liquid crystal materials, where its unique properties contribute to the alignment and stability of liquid crystal displays (LCDs) used in screens for electronics. In the pharmaceutical industry, it serves as a building block for the synthesis of certain drugs, particularly those targeting specific biological pathways. Its application in organic electronics is also notable, as it is used in the fabrication of organic light-emitting diodes (OLEDs) and other electronic components, enhancing their performance and efficiency.