Used primarily as a dye in various industrial applications, this compound is particularly effective in coloring synthetic fibers and plastics. Its stability under different conditions makes it suitable for use in environments where other dyes might degrade. Additionally, it is employed in the production of inks and coatings, where consistent color and durability are essential. In research settings, it serves as a reagent in chemical synthesis, aiding in the study of reaction mechanisms and the development of new materials. Its unique properties also make it a candidate for use in advanced material science, particularly in the creation of specialized polymers and composites.