Used primarily in organic synthesis, this compound serves as an intermediate in the preparation of fluorescent dyes and optoelectronic materials. Its anthracene core enables strong light absorption and emission properties, making it valuable in the development of organic light-emitting diodes (OLEDs) and sensors. The chloroacetamide group allows for further functionalization, facilitating its incorporation into larger conjugated systems. It is also employed in photophysical studies due to its favorable fluorescence characteristics and in the synthesis of bioactive molecules where anthracene derivatives exhibit antimicrobial or antitumor activity.