This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. Its unique structure, featuring both an aniline group and a phenylethynyl group, makes it valuable in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is employed in the creation of advanced materials, such as organic semiconductors and polymers, due to its ability to facilitate electron transfer and enhance conductivity. In research, it serves as a building block for designing molecules with potential applications in medicinal chemistry and material science.