This chemical is primarily used in the field of organic electronics, particularly in the development of light-emitting diodes (LEDs) and organic photovoltaics (OPVs). Its unique structure allows it to act as an efficient electron-transport material, enhancing the performance and stability of these devices. Additionally, it is utilized in the synthesis of advanced polymers and coatings, where it contributes to improved durability and resistance to environmental factors. Its application in research and development of new materials for energy-efficient technologies is also notable, making it a valuable component in the advancement of sustainable energy solutions.