This chemical is primarily used in the synthesis of organic materials, particularly in the development of coordination polymers and metal-organic frameworks (MOFs). Its biphenyl core and functional groups make it a versatile building block for creating porous structures with applications in gas storage, separation, and catalysis. Additionally, it serves as a precursor in the production of dyes and pigments due to its ability to form stable, colored complexes. In pharmaceutical research, it is utilized as an intermediate for designing compounds with potential biological activity. Its structural properties also make it valuable in the field of optoelectronics, where it contributes to the development of organic semiconductors and light-emitting materials.