This chemical is primarily used as a key intermediate in the synthesis of advanced polymers and resins, particularly those requiring high thermal stability and mechanical strength. It is often incorporated into the production of polyimides and epoxy resins, which are widely used in high-performance coatings, adhesives, and electronic materials. Additionally, its structure makes it suitable for creating specialized dyes and pigments, especially in industries requiring precise color stability and durability. Its application in the development of liquid crystal displays (LCDs) and other optoelectronic devices is also notable, as it contributes to the enhancement of material properties in these technologies.