Used as a key intermediate in organic synthesis, particularly in the preparation of conjugated polymers and organic semiconductors. Its diketone functionality allows for condensation reactions to form thiophene-based aromatic structures, which are essential in developing materials for organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Also employed in the synthesis of ligands for metal complexes in catalysis due to the sulfur atoms' coordination ability. Its rigid, planar structure enhances π-conjugation in final products, improving charge transport properties in electronic devices.