Used primarily as a monomer in the production of specialty polymers and resins, this compound contributes to the development of high-performance materials with enhanced thermal stability and mechanical strength. It is particularly valuable in synthesizing heat-resistant coatings and engineering plastics used in aerospace and electronics industries. Its conjugated structure allows for effective polymer chain extension, improving the rigidity and durability of the resulting polymers. Additionally, it serves as an intermediate in the manufacture of liquid crystal materials for display technologies.