This chemical is primarily utilized in advanced materials science, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure allows it to function as an efficient emissive material, contributing to high brightness and color purity in display technologies. It is also explored in the field of photovoltaics, where it aids in enhancing the efficiency of organic solar cells by optimizing light absorption and charge transport. Additionally, it finds applications in research focused on novel optoelectronic devices, where its properties are leveraged to improve performance and stability.