This chemical is primarily used in the synthesis of polymers and advanced materials due to its ability to form stable and flexible structures. It is often incorporated into the production of high-performance fibers and films, which are utilized in industries requiring durable and heat-resistant materials. Additionally, it serves as a key intermediate in the development of organic electronic components, such as light-emitting diodes (LEDs) and solar cells, owing to its favorable electronic properties. Its hydrazide functional group also makes it valuable in the creation of specialty chemicals, including adhesives and coatings, where strong bonding and stability are essential.