This compound is primarily used in the synthesis of advanced materials, particularly in the production of high-performance polymers and liquid crystals. Its bifunctional structure, featuring both amino and carboxylic acid groups, makes it a valuable building block for creating polyimides and polyamides, which are known for their thermal stability and mechanical strength. These polymers are often employed in electronics, aerospace, and automotive industries for applications requiring durable and heat-resistant materials. Additionally, it serves as a precursor in the development of organic semiconductors and dyes, contributing to the fabrication of optoelectronic devices and colorants. Its role in forming supramolecular structures also makes it useful in nanotechnology and molecular self-assembly research.