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 polymers and small molecules for use in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure contributes to enhanced thermal stability and efficient charge transport, making it suitable for applications in displays, lighting, and solar energy conversion. Additionally, it is explored in the design of fluorescent probes and sensors due to its photoluminescent properties, which are valuable in biological imaging and chemical detection.