Used as a key intermediate in the synthesis of organic electronic materials, particularly in the development of light-emitting diodes (LEDs) and photovoltaic cells. Its structure allows for efficient electron transport and stability, making it valuable in creating high-performance optoelectronic devices. Additionally, it is employed in the production of advanced polymers and coatings that require enhanced thermal and chemical resistance. Its role in cross-linking agents also contributes to the durability and mechanical strength of various industrial materials.