Used primarily in the field of material science, this compound serves as a key intermediate in the synthesis of surface-modifying agents. It is particularly valuable for creating self-assembled monolayers on metal oxides, which are crucial for improving adhesion, corrosion resistance, and biocompatibility in various industrial applications. Additionally, it plays a role in the development of organic semiconductors and phosphonate-based ligands for catalysis, enhancing the performance of electronic devices and chemical processes. Its unique structure also makes it suitable for research in nanotechnology and advanced coatings.