This compound is primarily used in the synthesis of advanced materials, particularly in the production of polymers and resins. It serves as a key intermediate in the creation of high-performance plastics that exhibit excellent thermal stability and mechanical strength. Additionally, it is utilized in the development of specialty coatings and adhesives, where its chemical structure enhances durability and resistance to environmental factors. In the field of organic electronics, it contributes to the fabrication of components for devices such as organic light-emitting diodes (OLEDs) and photovoltaic cells, due to its ability to form stable, conductive layers. Furthermore, it finds application in the pharmaceutical industry as a building block for the synthesis of complex molecules with potential therapeutic properties.