Widely used in organic synthesis as a key intermediate for pharmaceuticals and dyes. Serves as a precursor in the preparation of chalcone derivatives, which exhibit biological activities such as antimicrobial, anti-inflammatory, and anticancer properties. Employed in the development of fluorescent probes and sensors due to its conjugated structure that supports strong optical responses. Also utilized in material science for designing nonlinear optical materials. Commonly applied in research settings for studying Michael addition reactions and other conjugate addition processes.