This chemical is primarily utilized in the field of organic electronics due to its unique electronic and photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and stability. Additionally, it is employed in the synthesis of coordination polymers and metal-organic frameworks (MOFs), which are used for gas storage, separation, and catalysis. Its ability to act as a ligand in coordination chemistry makes it valuable in designing functional materials with tailored properties.