This chemical is primarily utilized in the field of organic electronics, particularly in the development of conductive polymers and organic semiconductors. Its unique structure allows it to enhance the electrical conductivity and stability of materials, making it valuable for use in organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). Additionally, it serves as a key component in the synthesis of advanced materials for energy storage devices, such as supercapacitors and batteries, due to its ability to facilitate efficient charge transport. Its application extends to the creation of electrochromic devices, where it contributes to the modulation of optical properties in response to electrical stimuli.