Used as an intermediate in the synthesis of dyes and pigments, particularly in the production of naphthol-based azo dyes which are widely applied in textile, printing, and coating industries. It also serves as a key component in the formulation of organic photoconductors used in photocopiers and laser printers. Additionally, it finds use in the development of fluorescent probes and sensors due to its favorable optical properties. Its derivatives are explored in agrochemicals and pharmaceuticals for their bioactive potential.