This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties and high thermal stability. It serves as a key component in the emissive layer of OLED devices, enhancing their efficiency and longevity. Additionally, it is used in the synthesis of advanced materials for optoelectronic applications, contributing to the production of high-performance displays and lighting systems. Its unique structure also makes it a candidate for research in organic semiconductors and photovoltaic devices.