Used in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for various therapeutic agents. It serves as a key intermediate in the preparation of heterocyclic compounds, which are essential in medicinal chemistry. Additionally, it is employed in the development of agrochemicals, including pesticides and herbicides, due to its reactivity and ability to form complex structures. In material science, it is utilized in the creation of specialty chemicals and advanced polymers, contributing to the development of high-performance materials. Its role in organic synthesis also extends to the production of dyes and pigments, where it helps in achieving desired color properties and stability.