Used as an intermediate in organic synthesis, particularly in the development of optoelectronic materials. It serves as a building block for hole-transport materials in organic light-emitting diodes (OLEDs) due to the carbazole moiety’s excellent charge-transport properties. The hydroxymethyl group allows for further functionalization, enabling incorporation into polymers or dendrimers for use in organic semiconductors. Also explored in the design of photoconductors and perovskite solar cells as a component of surface modifiers or stabilizing agents. Its structural rigidity and electronic properties make it suitable for enhancing thermal and morphological stability in thin-film devices.