This chemical is primarily utilized in the field of organic synthesis and materials science. It serves as a key intermediate in the development of complex organic molecules, particularly in the construction of polycyclic aromatic compounds. Its unique structure makes it valuable for studying cycloaddition reactions and exploring novel synthetic pathways. Additionally, it is investigated for its potential applications in the creation of advanced materials, such as organic semiconductors or photoresponsive compounds, due to its conjugated system and electronic properties. Researchers also explore its role in supramolecular chemistry for designing molecular architectures with specific functions.