This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. Its complex structure and multiple carboxyl groups make it suitable for use as a building block in the synthesis of metal-organic frameworks (MOFs), which are employed in gas storage, separation, catalysis, and drug delivery systems. Additionally, its extended conjugated system is beneficial in the design of organic semiconductors, which are essential components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The compound's ability to form stable, highly ordered structures also makes it valuable in the creation of sensors and optoelectronic materials.