Used in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic properties. It serves as a key intermediate in the production of indole-based drugs, which are often explored for their anti-inflammatory, anti-cancer, and antimicrobial activities. Additionally, it is utilized in organic chemistry research to create complex molecules for studying biological interactions. In the agrochemical industry, it contributes to the formulation of pesticides and herbicides, enhancing their efficacy. Its applications also extend to the field of dyes and pigments, where it aids in the creation of vibrant and stable colorants.