Used primarily in the production of advanced materials, it serves as a key component in the synthesis of high-performance polymers and liquid crystals. These polymers are often utilized in electronic devices, including organic light-emitting diodes (OLEDs) and semiconductors, due to their excellent thermal stability and electrical conductivity. Additionally, it plays a role in the development of fluorescent dyes and pigments, enhancing color brightness and durability in various industrial applications. Its rigid molecular structure also makes it suitable for research in nanotechnology and molecular engineering.