Used in the field of nanotechnology for creating carbon nanotubes with precise diameters, enabling advancements in electronic devices and materials science. Acts as a template for synthesizing uniform carbon nanotubes, which are essential for high-performance electronics, sensors, and energy storage systems. Its unique cyclic structure makes it valuable in supramolecular chemistry for host-guest interactions, facilitating the development of molecular machines and drug delivery systems. Also explored in organic electronics for its potential to enhance the efficiency of organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it shows promise as a component in graphene-based materials due to its electronic and optical properties.