This chemical is primarily utilized in the field of analytical chemistry as a selective reagent for the detection and quantification of metal ions. Its unique structure allows it to form stable complexes with specific metals, making it valuable in spectrophotometric analysis. Additionally, it is employed in research studies involving coordination chemistry to investigate the binding behavior of ligands with metal centers. Its application extends to material science, where it is used in the development of metal-organic frameworks (MOFs) and other advanced materials. In some cases, it is also explored for its potential in designing sensors for environmental monitoring, particularly for detecting heavy metals in water systems.