This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure makes it suitable for use in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs), where it contributes to efficient charge transport and light emission. Additionally, it is explored in the synthesis of conductive polymers and as a component in dye-sensitized solar cells (DSSCs) to enhance energy conversion efficiency. Its application in research for novel organic semiconductors is also notable, aiding in the design of materials with improved stability and performance.