Used primarily in the field of organic electronics, it serves as a key component in the development of conductive materials. Its ability to form charge-transfer complexes makes it valuable in the creation of organic semiconductors, which are integral to devices like organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Additionally, it is employed in research focused on molecular electronics, where its properties help in studying electron transfer processes and designing new materials with tailored electronic characteristics. Its role in enhancing the conductivity of organic compounds also finds applications in sensors and photovoltaic cells, contributing to advancements in renewable energy technologies.