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 synthesis of advanced materials that emit light when an electric current is applied. Its structure is beneficial for creating efficient hole-transporting layers, which are crucial for improving the performance and longevity of OLED devices. Additionally, it is explored in the production of organic semiconductors, where its properties contribute to enhancing charge mobility and stability in electronic circuits. Its application extends to research in photovoltaics, where it aids in the development of more efficient solar cells by optimizing light absorption and energy conversion processes.