Used as an intermediate in the synthesis of organic compounds, particularly in the development of dyes and pigments. It plays a role in the production of high-performance materials, such as liquid crystals, which are essential for display technologies like LCDs. Additionally, it is utilized in the creation of advanced polymers and coatings, offering enhanced thermal stability and chemical resistance. Its applications extend to research and development in organic chemistry, where it serves as a building block for complex molecular structures.