This chemical is primarily utilized in the field of organic synthesis, particularly in the development of complex polycyclic structures. Its unique fused ring system makes it a valuable intermediate for constructing advanced materials, such as organic semiconductors or liquid crystals, which are essential in electronic displays and photovoltaic devices. Additionally, it serves as a key building block in the synthesis of chiral molecules, which are crucial in the production of pharmaceuticals, enabling the creation of drugs with specific enantiomeric properties for improved efficacy and reduced side effects. Its structural complexity also makes it a candidate for research in supramolecular chemistry, where it can be used to design novel molecular architectures with potential applications in catalysis or nanotechnology.