Primarily used in organic synthesis, this chemical serves as a key intermediate in the development of advanced materials, particularly in the field of optoelectronics. Its structure allows for the creation of highly stable and efficient organic semiconductors, which are essential components in organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it is utilized in the synthesis of complex polycyclic aromatic hydrocarbons (PAHs), which are studied for their potential in molecular electronics and as fluorescent probes in biochemical research. The compound's unique properties also make it valuable in the design of novel dyes and pigments with enhanced durability and colorfastness.