This chemical is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key component in the synthesis of high-performance organic semiconductors, which are essential for the production of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Its unique structure contributes to enhanced charge carrier mobility and stability, making it suitable for applications in flexible displays, solar panels, and other energy-efficient devices. Additionally, it is explored in research for its potential use in optoelectronic devices due to its ability to facilitate efficient light absorption and emission.