This compound is primarily utilized in organic synthesis as a key intermediate for the production of various complex molecules. Its aldehyde groups make it a versatile building block for constructing polymers, particularly those used in advanced materials like liquid crystals and conductive polymers. It is also employed in the development of pharmaceutical compounds, where its structure allows for the creation of specific bioactive molecules. Additionally, it finds use in the synthesis of dyes and pigments due to its ability to form stable chromophores. Its application extends to research and development in material science, where it contributes to the design of novel functional materials with tailored properties.