This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. Its structure, featuring multiple aromatic rings and carboxylic acid groups, makes it suitable for use in organic semiconductors and light-emitting diodes (OLEDs). It can act as a key component in the synthesis of conjugated polymers, which are essential for creating flexible and efficient electronic devices. Additionally, its ability to form stable films and its electron-transport properties make it valuable in the fabrication of photovoltaic cells, where it can enhance the efficiency of solar energy conversion. The compound is also explored in research for its potential use in sensors and as a building block for designing molecular frameworks with specific optical and electronic properties.