This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a key component in the hole-transport layer, enhancing the efficiency and stability of the devices. Its structure allows for effective charge transport, making it valuable in improving the performance of OLED displays and lighting systems. Additionally, it finds application in photoconductive materials, contributing to advancements in photocopiers and laser printers. Its thermal and chemical stability also make it suitable for use in high-performance coatings and advanced material research.