Used in organic electronics as a hole-transport material in OLEDs and perovskite solar cells due to its excellent charge-carrier mobility and film-forming properties. Also serves as a key intermediate in the synthesis of dyes, pharmaceuticals, and photoconductive materials for imaging devices. Its derivative structures are explored in optoelectronic applications because of strong luminescence and thermal stability. Commonly employed in research for developing efficient light-emitting diodes and sensors.