Used primarily as an intermediate in the synthesis of fluorescent dyes and photoactive compounds. Its reactivity allows for the introduction of anthracene-based chromophores into larger molecular frameworks, making it valuable in the development of organic light-emitting diodes (OLEDs) and sensors. It is also employed in the preparation of bioconjugatable probes for cellular imaging due to the strong fluorescence of anthracene derivatives upon excitation. Additionally, it serves as a building block in the creation of specialty polymers with optoelectronic properties.