This chemical is primarily utilized in the field of organic synthesis and materials science. It serves as a key intermediate in the development of advanced organic compounds, particularly those with potential applications in optoelectronics and photoluminescent materials. Its unique structure, featuring an anthracene moiety, makes it valuable in the design of light-emitting materials for use in organic light-emitting diodes (OLEDs) and other electronic devices. Additionally, it is explored in the creation of phosphorescent compounds, which are essential in the development of efficient energy transfer systems and sensors. Researchers also investigate its role in the synthesis of complex molecular architectures for use in catalysis and molecular recognition studies.