This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key building block for the synthesis of conjugated polymers and small molecules, which are essential components in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its rigid and planar structure enhances charge transport properties, making it suitable for high-performance electronic devices. Additionally, it is used in the fabrication of metal-organic frameworks (MOFs) due to its ability to form stable, porous structures with potential applications in gas storage, separation, and catalysis. The compound's versatility also extends to its use in dye-sensitized solar cells (DSSCs), where it contributes to improving light absorption and energy conversion efficiency.