Used as a key intermediate in organic synthesis, particularly in the development of fluorescent dyes and optoelectronic materials. Its conjugated aromatic structure makes it suitable for applications in organic semiconductors and light-emitting diodes (OLEDs). Also employed in the preparation of specialty polymers and as a building block in pharmaceutical research for designing bioactive molecules with potential antitumor and antimicrobial properties. Additionally, it finds use in photochemical studies due to its UV absorption characteristics.