This chemical is primarily used in the field of organic synthesis and materials science. It serves as a key intermediate in the development of complex organic compounds, particularly those with potential applications in pharmaceuticals and agrochemicals. Its unique structure allows it to participate in various chemical reactions, enabling the creation of novel molecules with specific biological activities. Additionally, it is explored for its potential use in the synthesis of advanced materials, such as organic semiconductors or liquid crystals, due to its ability to form stable and ordered structures. Researchers also investigate its role in the development of fluorescent dyes or sensors, leveraging its structural properties for optical applications.