Used as a key intermediate in the synthesis of advanced materials, particularly in the development of flame retardants and high-performance polymers. It plays a significant role in enhancing the thermal stability and mechanical properties of polymers, making it valuable in industries like electronics, automotive, and aerospace. Additionally, it is utilized in the preparation of metal-organic frameworks (MOFs) for applications in gas storage, separation, and catalysis due to its ability to form stable coordination networks. Its unique structure also makes it suitable for research in organic electronics and optoelectronic devices.