Used as a key intermediate in the synthesis of organic semiconductors and optoelectronic materials, including organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs), due to its rigid aromatic structure that enhances charge transport properties. Also employed in the development of fluorescent dyes and sensors owing to its strong photoluminescence and stability under UV exposure. Additionally, it serves as a building block in pharmaceutical research for designing bioactive molecules with anti-inflammatory or anticancer activity. Furthermore, it is utilized as a photoinitiator in UV-curable coating systems, accelerating polymerization reactions upon UV exposure to enhance production efficiency. It is also investigated in photocatalysis for environmental remediation and alternative energy production.