It is widely used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting central nervous system disorders. Its structure is valuable in creating compounds with potential anti-inflammatory and analgesic properties. Additionally, it serves as a building block in agrochemical research for designing pesticides and herbicides. In material science, it is utilized in the production of dyes and pigments due to its ability to form stable, colorful complexes. Its versatility also extends to coordination chemistry, where it acts as a ligand in metal-organic frameworks (MOFs) for catalytic applications.