This compound is primarily utilized in the development of advanced materials, particularly in the synthesis of metal-organic frameworks (MOFs). Its ability to coordinate with metal ions makes it valuable for creating porous structures with high surface areas, which are essential for gas storage, separation, and catalysis applications. Additionally, it is explored in the field of fluorescence sensing due to its unique photophysical properties, enabling the detection of specific analytes or environmental changes. Its role in designing functional polymers and coatings also highlights its versatility in material science.