This chemical is primarily utilized in the synthesis of advanced materials, particularly in the development of polymers and high-performance fibers. Its structure makes it a valuable building block for creating compounds with specific mechanical and thermal properties. Additionally, it is employed in the production of organic dyes and pigments, where it contributes to color stability and durability. In research, it serves as a precursor for designing hydrazide-based molecules with potential applications in pharmaceuticals and agrochemicals. Its unique chemical properties also make it suitable for use in analytical chemistry as a reagent for detecting or quantifying specific substances.