This chemical is primarily utilized in the development of advanced materials and coatings, where it acts as a key intermediate in synthesizing polymers with enhanced durability and resistance to environmental factors. Its unique structure allows it to contribute to the production of high-performance adhesives and sealants, which are essential in industries requiring strong bonding under harsh conditions. Additionally, it plays a role in the formulation of specialized inks and dyes, providing improved color stability and adhesion to various substrates. In the field of organic electronics, it is used to create components for devices that demand precise molecular alignment and efficient charge transport. Its application extends to the pharmaceutical industry as well, where it serves as a building block in the synthesis of active pharmaceutical ingredients, contributing to the development of new therapeutic agents.