This chemical is primarily used in the synthesis of specialized polymers and advanced materials, where its unique structure contributes to enhanced thermal stability and flame retardancy. It serves as a key intermediate in the production of high-performance plastics and coatings, particularly in industries requiring materials that can withstand extreme conditions. Additionally, it is utilized in research and development for creating novel organic compounds with potential applications in electronics and photonics. Its role in cross-coupling reactions also makes it valuable in organic synthesis for constructing complex molecular architectures.