This compound is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure allows it to function as an efficient emitter or host material in OLED devices, contributing to enhanced luminance and color purity. Additionally, it is explored in the synthesis of advanced materials for optoelectronic applications, such as sensors and photovoltaics, due to its favorable charge transport properties. Its incorporation into polymers or small-molecule systems can improve the performance and stability of these devices. Researchers also investigate its potential in pharmaceutical chemistry as a building block for developing biologically active molecules, particularly in the design of compounds with anticancer or antimicrobial properties.