This chemical is primarily utilized in the development of advanced organic materials, particularly in the field of organic electronics. Its structure makes it suitable for use as a building block in the synthesis of conjugated polymers, which are essential for creating organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. The compound's ability to form stable and highly ordered structures enhances the efficiency and performance of these devices. Additionally, it is employed in the creation of molecular sensors and probes due to its fluorescence properties, enabling precise detection of specific analytes in various environments. Its versatility also extends to the field of supramolecular chemistry, where it serves as a key component in designing complex molecular assemblies and frameworks.