This chemical is primarily utilized in the field of organic electronics and materials science. It serves as a key building block 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 unique structure allows for efficient charge transport, making it valuable in the development of high-performance electronic devices. Additionally, it is employed in research for creating novel fluorescent dyes and sensors, owing to its photophysical properties. Its applications also extend to the study of molecular interactions and the design of advanced materials with tailored optical and electronic characteristics.