This chemical is primarily utilized in the development of advanced organic materials, particularly in the field of optical and electronic devices. Its unique structure makes it suitable for applications in organic light-emitting diodes (OLEDs) and dye-sensitized solar cells (DSSCs), where it acts as a key component in enhancing light absorption and emission efficiency. Additionally, it is employed in the synthesis of coordination polymers and metal-organic frameworks (MOFs) due to its ability to form stable complexes with metal ions, which are useful in catalysis and gas storage applications. In analytical chemistry, it serves as a chelating agent for the detection and separation of specific metal ions. Its fluorescence properties also make it valuable in bioimaging and sensor technologies for detecting environmental pollutants or biological molecules.