This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent charge transport properties and high thermal stability. It serves as a key component in the emissive layer, enhancing device efficiency and longevity. Additionally, it is employed in the synthesis of advanced materials for optoelectronic applications, including photovoltaics and sensors, where its ability to facilitate electron and hole mobility is highly valued. Its robust structure also makes it suitable for use in high-performance coatings and polymers, contributing to improved durability and performance in various industrial applications.