Used primarily as an intermediate in the synthesis of UV-absorbing compounds, especially in the production of advanced sunscreen agents. Its molecular structure allows for effective absorption of ultraviolet radiation, making it valuable in cosmetic formulations designed to protect skin from sun damage. It is also employed in the development of light-stable polymers, where it helps prevent photodegradation of materials exposed to sunlight. Due to its solubility and stability in various organic matrices, it is favored in formulations requiring long-term performance under UV exposure.