Used primarily in organic synthesis, this compound serves as a building block for conjugated systems in materials science, particularly in the development of organic semiconductors and optoelectronic materials. Its rigid acetylene backbone and aromatic substituents make it suitable for constructing molecular frameworks with extended π-conjugation, useful in organic light-emitting diodes (OLEDs) and field-effect transistors (OFETs). It also finds use in research settings for synthesizing novel carbon-rich molecules and metal-organic frameworks.