Used as an intermediate in the synthesis of heterocyclic compounds, particularly in the preparation of benzimidazoles, which are important in pharmaceuticals and agrochemicals. It also serves as a building block in the development of dyes, fluorescent agents, and UV stabilizers due to its aromatic and amine functionality. Its structure supports chelation, making it useful in catalysis and sensor applications. Additionally, it has been explored in the design of bioactive molecules with potential antimicrobial and anti-inflammatory properties.