Used as a key intermediate in the synthesis of conductive polymers and organic electronic materials. It serves in the preparation of functionalized aromatic compounds for use in organic light-emitting diodes (OLEDs) and thin-film transistors. Its ether and methoxymethyl groups allow for selective deprotection and further derivatization, making it valuable in multi-step organic synthesis. Also employed in the development of supramolecular systems and molecular recognition agents due to its rigid benzene core and polar substituents.