Used primarily in the synthesis of advanced polymers, this compound plays a key role in the development of high-performance materials. Its structure allows it to act as a building block for polyimides and polyamides, which are essential in industries requiring materials with exceptional thermal stability and mechanical strength. Applications include aerospace components, electronics, and coatings that must withstand extreme environments. Additionally, it is utilized in research for creating novel organic compounds with potential uses in pharmaceuticals and specialty chemicals.