Used in organic synthesis for the preparation of fluorescent dyes and pigments due to its anthracene moiety, which imparts strong fluorescence properties. It serves as a key intermediate in the development of organic light-emitting diodes (OLEDs) and other optoelectronic devices. Additionally, it is employed in research for studying charge transfer processes and photophysical properties in conjugated systems. Its application extends to the field of materials science for creating advanced polymers and coatings with specific optical characteristics.