This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of conjugated polymers and small molecules for electronic applications. Its structure makes it a valuable building block in the creation of materials for organic semiconductors, which are used in organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Additionally, it serves as an intermediate in the production of dyes and pigments due to its ability to form stable chromophores. In pharmaceutical research, it is employed in the design of potential drug candidates, leveraging its aldehyde group for further functionalization. Its role in material science and organic synthesis underscores its importance in advancing technologies related to electronics and energy.