This chemical is primarily used in the field of organic electronics and materials science. It serves as a key intermediate in the synthesis of organic semiconductors, which are essential components in the production of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its structure allows for efficient charge transport, making it valuable in the development of high-performance electronic devices. Additionally, it is utilized in research for creating novel dyes and pigments due to its ability to absorb and emit light in specific wavelengths. Its applications also extend to the field of fluorescence imaging, where it can be used as a fluorescent probe in biological studies.