Used as an intermediate in the synthesis of dyes and pigments, particularly in the production of triarylmethane dyes. It also serves as a building block in the development of functional polymers and photochromic materials. Its amine functionality allows for use in epoxy curing agents and as a modifier in surfactants and corrosion inhibitors. Additionally, it finds application in the preparation of certain pharmaceuticals and agrochemicals due to its ability to form complex structures through amine-based reactions.