This compound is primarily utilized in the field of organic electronics, particularly in the development of light-emitting diodes (LEDs) and organic photovoltaics (OPVs). Its structure is well-suited for enhancing the efficiency and stability of these devices due to its excellent electron-transporting properties. Additionally, it is employed in the synthesis of advanced materials for optoelectronic applications, where its ability to form stable thin films is highly valued. Researchers also explore its potential in creating sensors and other electronic components that require high-performance organic semiconductors.