Used primarily as a precursor in the synthesis of naphthalene tetracarboxylic dianhydride (NTCDA), which is a key building block for high-performance organic semiconductors, p-type organic thin-film transistors, and polyimides with high thermal stability and mechanical strength used in electronics, aerospace, and aviation. It plays an important role in the development of organic electronics, including flexible displays and sensors. Its derivatives are also employed in dye and pigment manufacturing due to their strong light absorption and stability, particularly in photovoltaic materials and optical devices. Additionally, it is used in coordination chemistry to form metal-organic frameworks (MOFs) with potential applications in gas storage and catalysis.