This compound is primarily utilized in advanced materials research, particularly in the development of high-performance polymers and coatings. Its unique structure contributes to enhanced thermal stability and mechanical properties, making it suitable for applications in aerospace and automotive industries where durability under extreme conditions is critical. Additionally, it is explored in the field of organic electronics for its potential in improving the efficiency and lifespan of optoelectronic devices, such as organic light-emitting diodes (OLEDs) and photovoltaic cells. Its role in catalysis is also under investigation, particularly in asymmetric synthesis, where it may facilitate the production of chiral compounds with high enantioselectivity.