Used as a key intermediate in the synthesis of advanced dyes and fluorescent probes due to its strong electron-donating structure. Its conjugated system enhances optical properties, making it valuable in developing sensors and imaging agents. Also employed in the production of specialty polymers where high thermal stability and solubility are required. Shows utility in agrochemical formulations as a modifier to improve bioavailability of active ingredients. Additionally, explored in research for gene delivery systems owing to its cationic nature and ability to interact with nucleic acids.