This chemical is primarily used in the synthesis of organic compounds, particularly in the development of advanced materials and polymers. It serves as a key intermediate in the production of conjugated systems, which are essential in creating materials with specific electronic and optical properties. These materials are often utilized in the manufacturing of organic light-emitting diodes (OLEDs), photovoltaic cells, and other optoelectronic devices. Additionally, it plays a role in the preparation of liquid crystals and dyes, contributing to the production of high-performance displays and coatings. Its unique structure also makes it valuable in research and development for exploring new chemical reactions and pathways in organic chemistry.