Used as a key intermediate in the synthesis of functional organic materials, particularly in the production of fluorescent dyes and optoelectronic compounds. Its rigid, conjugated structure enhances photostability and quantum efficiency, making it valuable in developing sensors and organic light-emitting diodes (OLEDs). Also employed in the preparation of polymers and dendrimers for advanced material science applications due to its steric bulk and ability to influence molecular packing. Additionally, serves as a building block in pharmaceutical research for designing novel bioactive molecules.