This chemical is primarily utilized in the development of advanced materials for organic electronics. Its unique structure, featuring conjugated systems with bithiophene and terphenyl units, makes it suitable for applications in organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). The compound acts as a key building block in the synthesis of conjugated polymers or small molecules, enhancing charge transport properties and improving device efficiency. Additionally, its dicarboxylic acid groups enable functionalization and integration into various materials, facilitating the creation of thin films or nanostructures for optoelectronic devices. Its role in improving light absorption and energy conversion efficiency makes it valuable in the field of renewable energy technologies.