This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex molecular structures. It serves as a key intermediate in the preparation of various organic compounds, including polymers and pharmaceuticals. Its unique structure, featuring phenylsulfonyl groups, makes it valuable in cross-coupling reactions, which are essential for creating carbon-carbon bonds in synthetic chemistry. Additionally, it is employed in materials science for the design of advanced materials with specific electronic or optical properties. Its role in these applications highlights its importance in both industrial and academic research settings.