Used primarily in the synthesis of advanced materials, particularly in the development of organic semiconductors and light-emitting diodes (LEDs). It serves as a key intermediate in the production of polymers with high thermal stability and optical properties, making it valuable in the electronics industry. Additionally, it is employed in the creation of fluorescent dyes and pigments, which are utilized in various imaging and sensing applications. Its role in the formation of coordination polymers also finds use in catalysis and gas storage technologies.