This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key building block for synthesizing organic semiconductors, which are essential components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its rigid and conjugated structure enhances charge transport properties, making it suitable for improving the efficiency of these devices. Additionally, it is employed in the creation of liquid crystal materials, where its molecular structure contributes to stabilizing desired phases and optimizing display performance. Its applications also extend to research in photochemistry, where it is used as a model compound to study energy transfer and photophysical processes.