This chemical is primarily utilized in the field of organic electronics and materials science due to its unique photophysical properties. It serves as a building block for the synthesis of organic semiconductors, which are essential components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its anthracene core allows for efficient light absorption and emission, making it suitable for applications in optoelectronic devices. Additionally, it is used in the development of fluorescent probes and sensors, leveraging its ability to exhibit strong fluorescence under specific conditions. In research, it is often employed to study charge transfer processes and energy transfer mechanisms in conjugated systems. Its bifunctional carboxylic acid groups also enable its incorporation into polymers or coordination networks, expanding its utility in advanced material design.