This chemical is primarily utilized in the field of organic electronics due to its excellent electron-transporting properties. It is often incorporated into the design of organic light-emitting diodes (OLEDs) and other optoelectronic devices, where it enhances efficiency and stability. Additionally, it serves as a key intermediate in the synthesis of more complex organic compounds, particularly those used in advanced materials research. Its unique structure also makes it a candidate for use in fluorescent probes and sensors, aiding in the detection of specific ions or molecules in analytical chemistry. While research explores applications in photovoltaics such as dye-sensitized solar cells (DSSCs) as an electron transport material, its primary role is in OLEDs and related technologies.