Used primarily in organic synthesis, it serves as a key intermediate in the production of various organic compounds. Its applications extend to the development of fluorescent probes and optical brighteners, where its structural properties enhance luminescence and brightness. In material science, it is utilized in the creation of liquid crystals and photochromic materials, contributing to advancements in display technologies and smart materials. Additionally, it plays a role in pharmaceutical research, aiding in the synthesis of potential drug candidates due to its reactive cyano and stilbene groups.