Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anti-inflammatory and antimicrobial agents. Its structure supports conjugation in organic semiconductors, making it valuable in optoelectronic devices such as OLEDs and fluorescent sensors. Also employed in agrochemicals for enhancing the stability and bioactivity of certain pesticides. Its electron-withdrawing nature and thermal stability make it suitable for high-performance materials in electronic applications.