This chemical is primarily used in the development of advanced organic materials, particularly in the synthesis of polymers and resins. Its structure allows it to act as a cross-linking agent, enhancing the durability and thermal stability of the resulting materials. It is also employed in the production of specialty coatings, where its properties contribute to improved adhesion and resistance to environmental factors. Additionally, it finds application in the field of organic electronics, where it is utilized in the fabrication of components for devices such as organic light-emitting diodes (OLEDs) and sensors. Its ability to form stable complexes with metals makes it valuable in catalysis and as a ligand in coordination chemistry. In the pharmaceutical industry, it serves as an intermediate in the synthesis of certain active pharmaceutical ingredients (APIs), contributing to the development of new therapeutic agents.