Used primarily as a key intermediate in the synthesis of herbicides and pesticides, it plays a crucial role in agricultural chemistry by inhibiting the growth of unwanted plants and protecting crops from pest attacks. It is also employed in the production of flame retardants, contributing to the safety of various materials by reducing their flammability. Additionally, it finds application in the manufacture of dyes, pigments, and performance enhancers for plastic production, enhancing color stability and efficiency in industrial processes. Its versatility extends to the pharmaceutical industry, where it is utilized in the development of certain therapeutic agents. The compound's stable chemical structure enables diverse reactions across these applications.