This chemical is primarily utilized in advanced materials science, particularly in the development of organic electronic devices. Its unique structure makes it suitable for use as a key component in organic light-emitting diodes (OLEDs), where it enhances electron transport and improves device efficiency. Additionally, it is employed in the synthesis of phosphorescent materials, contributing to the creation of high-performance displays and lighting systems. Its application also extends to the field of optoelectronics, where it is used in the fabrication of sensors and photodetectors due to its ability to modulate light absorption and emission properties.