Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its structure supports the formation of complex aromatic systems, making it valuable in the production of advanced intermediates for drug discovery. It is also employed in the synthesis of functional materials, including organic semiconductors and liquid crystals, due to its electron-donating properties and steric stability provided by the tert-butyl groups. Additionally, it serves as a building block in cross-coupling reactions for creating biaryl frameworks found in active pharmaceutical ingredients.