Used as an intermediate in the synthesis of vat dyes, particularly for producing blue and green shades in cotton, wool, and other textiles. Its derivatives provide excellent color fastness and resistance to light and washing. Also employed in the production of functional dyes for specialty applications, including electrochromic materials and organic semiconductors due to its stable quinone structure and electron-accepting properties. Additionally, it finds use in the formulation of high-performance pigments for coatings and inks where durability is critical.