Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of advanced aromatic systems and functionalized naphthalene derivatives. Its structure supports use in materials science, particularly in the development of organic semiconductors and liquid crystal components. It may also find application in the synthesis of specialty polymers and as a building block in pharmaceutical research where naphthalene motifs are required. Additionally, it can act as a model compound in studies of hydrocarbon stability and aromatic interactions.