This chemical is primarily utilized in the field of organic electronics due to its unique structural and electronic properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it acts as an efficient host material for emitting layers. Its ability to facilitate charge transport and enhance luminescence makes it valuable in creating high-performance display and lighting technologies. Additionally, it is explored in the synthesis of advanced materials for optoelectronic applications, contributing to the improvement of device efficiency and stability.