Primarily used in the synthesis of dyes and pigments, this compound serves as a key intermediate in the production of colorants for textiles and other materials. It is also employed in the manufacture of agrochemicals, particularly in the development of herbicides and pesticides, where its chemical structure contributes to the effectiveness of these products. Additionally, it finds application in organic synthesis, acting as a building block for more complex chemical compounds in pharmaceutical research and development. Its role in these industries underscores its importance in both industrial and scientific contexts.