Used as an intermediate in the synthesis of dyes and pigments, particularly for producing azo dyes which are widely applied in the textile industry for coloring fabrics. It also serves in the manufacture of certain organic compounds used in the production of antioxidants and stabilizers for polymers and rubber. Additionally, it finds use in research laboratories for developing fluorescent probes and in the preparation of naphthoquinones, which have biological activity and are studied for potential pharmaceutical applications.