Used as a ligand in coordination chemistry, particularly in the formation of complexes with transition metals for catalytic applications. Its sterically hindered structure enhances stability of metal complexes, making it valuable in homogeneous catalysis, such as in cross-coupling reactions and oxidation processes. Also employed in the development of photochemical and electrochemical systems due to its ability to modulate electronic properties of metal centers. Additionally, it finds use in the synthesis of supramolecular architectures and materials with tailored magnetic or optical properties.