This chemical is primarily utilized in the field of organic synthesis and materials science. It serves as a key building block in the development of advanced materials, particularly in the creation of metal-organic frameworks (MOFs) and covalent organic frameworks (COFs). These frameworks are highly valued for their applications in gas storage, separation processes, and catalysis due to their high porosity and structural versatility.

In addition, it plays a significant role in the synthesis of porphyrin-based compounds, which are widely used in photodynamic therapy for cancer treatment. The unique structure of this chemical allows it to interact with light and generate reactive oxygen species that can selectively destroy cancer cells.

Furthermore, it is employed in the development of sensors and biosensors. Its ability to bind with specific analytes makes it an excellent candidate for detecting various biological and chemical substances, enhancing the sensitivity and specificity of diagnostic tools.

Overall, this chemical is a versatile component in the advancement of materials science, medical therapies, and sensor technologies.