This chemical is primarily used in the field of organic electronics and photonics due to its unique optical and electronic properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs) and other optoelectronic devices, where it enhances efficiency and color purity. Additionally, it is utilized in the synthesis of advanced materials for sensors and imaging applications, leveraging its strong fluorescence and stability under various conditions. Its role in research and development of novel photonic materials is also significant, contributing to innovations in display technologies and energy-efficient lighting solutions.