This chemical is primarily utilized in the field of organic electronics and materials science. It serves as a crucial building block in the synthesis of conjugated polymers and small molecules for applications in organic light-emitting diodes (OLEDs), organic photovoltaics (OPVs), and organic field-effect transistors (OFETs). Its perylene moiety enhances electron transport properties, making it valuable in the development of high-performance electronic devices. Additionally, it is employed in the preparation of fluorescent dyes and sensors due to its strong luminescent characteristics, enabling its use in bioimaging and chemical detection systems.