This compound is primarily utilized in the development of advanced materials, particularly in the field of organic electronics and optoelectronics. Its structure, featuring multiple carboxyl groups and aromatic rings, makes it suitable for use as a building block in the synthesis of metal-organic frameworks (MOFs). These MOFs are employed in gas storage, separation processes, and catalysis due to their high surface area and tunable porosity. Additionally, the compound's conjugated system allows it to be integrated into organic semiconductors, which are essential for fabricating devices like organic light-emitting diodes (OLEDs) and photovoltaic cells. Its ability to form stable networks also makes it a candidate for creating sensors with high sensitivity and selectivity for detecting specific analytes.