Used primarily as an intermediate in the production of dyes and pigments, this compound plays a crucial role in enhancing color fastness and stability in textile processing. It is also employed in the synthesis of specialty chemicals, including surfactants and detergents, where its sulfonate group contributes to improved solubility and emulsifying properties. In the paper industry, it aids in the dispersion of resins and other additives, ensuring uniform coating and better paper quality. Additionally, it finds application in the formulation of agrochemicals, where it acts as a dispersing agent for pesticides and herbicides, improving their effectiveness. Its utility extends to the pharmaceutical sector as well, where it is used in the preparation of certain drug formulations to enhance bioavailability.