IITZ-01 is primarily used in advanced materials research, particularly in the development of high-performance organic semiconductors. It serves as a key intermediate in synthesizing compounds for optoelectronic devices such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its unique electronic structure enhances charge transport properties, making it valuable in improving device efficiency and stability. Additionally, IITZ-01 is employed in the study of molecular engineering to fine-tune energy levels in conjugated systems, supporting innovations in flexible electronics and next-generation displays.