Used as an intermediate in the synthesis of dyes and pigments, particularly in the production of colorants for textiles and plastics. It is also employed in the development of organic electronic materials, such as semiconductors and light-emitting diodes (LEDs), due to its electron-rich aromatic structure. Additionally, it finds application in the preparation of antioxidants and stabilizers for polymers, enhancing their durability and resistance to degradation. In research, it serves as a building block for complex organic molecules in medicinal chemistry and material science.