Used extensively in organic synthesis, this compound serves as a key intermediate in the production of various organic materials. It plays a crucial role in the development of optoelectronic devices, particularly in the creation of organic light-emitting diodes (OLEDs) due to its ability to enhance electron transport properties. Additionally, it is utilized in the synthesis of pharmaceuticals, where it contributes to the formation of complex molecules with potential therapeutic effects. Its application extends to the field of material science, where it is involved in the design of advanced polymers and coatings that require specific electronic characteristics.