Used as a key intermediate in the synthesis of organic semiconductors and optoelectronic materials. Its rigid aromatic structure enhances charge transport properties, making it valuable in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Also employed in the development of fluorescent dyes and sensors due to its strong photoluminescence and stability under UV exposure. Additionally, it serves as a building block in pharmaceutical research for designing bioactive molecules with anti-inflammatory or anticancer activity.