Used primarily as an intermediate in the synthesis of specialty organic compounds, this compound plays a role in the development of advanced materials and fine chemicals. Its conjugated structure and functional groups make it suitable for applications in photochemical research, where it may serve as a building block for light-sensitive molecules. It is also explored in the design of organic electronic materials due to its potential for charge transfer and optical properties. Additionally, derivatives of this compound can be found in certain pharmaceutical and agrochemical research contexts, where structural specificity and stability are required.