Primarily used in the synthesis of organic light-emitting diodes (OLEDs), this compound serves as a key building block for creating high-performance light-emitting materials. Its structure is integral in developing host materials for phosphorescent and fluorescent OLEDs, enhancing efficiency and stability in display and lighting technologies. Additionally, it is employed in the production of photoconductive polymers, which are essential in photocopiers and laser printers. Its role in organic electronics also extends to the development of photovoltaic cells, contributing to advancements in solar energy technology. Furthermore, it is utilized in the synthesis of dyes and pigments, particularly for applications requiring high thermal and chemical stability. In research, it acts as a precursor for studying charge transport and photophysical properties in organic semiconductors.