Used as a key intermediate in the synthesis of advanced polymeric materials, particularly high-performance polycarbonates and epoxy resins. Its rigid anthracene core enhances thermal stability and mechanical strength of the resulting polymers, making them suitable for aerospace, electronics, and optical applications. Also employed in the development of fluorescent sensors and organic semiconductors due to its inherent luminescent properties. Its hydroxyl groups allow for easy functionalization, enabling use in crosslinking agents and dendrimer construction for drug delivery systems.