Used primarily as a ligand in coordination chemistry, it facilitates the formation of complex structures with metal ions, which are crucial in catalytic processes. Its role in catalysis is significant in organic synthesis, where it helps in accelerating chemical reactions without being consumed. Additionally, it finds application in the development of luminescent materials, contributing to the creation of light-emitting devices and sensors. Its structural properties also make it a candidate for use in supramolecular chemistry, aiding in the design of molecular assemblies and frameworks with specific functionalities.