This chemical is primarily utilized as a key intermediate in the synthesis of advanced materials, particularly in the production of liquid crystal polymers (LCPs). Its unique structure contributes to the thermal stability and mechanical strength of these polymers, making them suitable for high-performance applications in electronics, such as flexible printed circuit boards and connectors. Additionally, it is employed in the development of specialty coatings and adhesives, where its properties enhance durability and resistance to harsh environments. In the field of organic synthesis, it serves as a building block for creating complex molecules with potential applications in pharmaceuticals and agrochemicals.