This chemical is primarily utilized in advanced materials research, particularly in the development of organic semiconductors and optoelectronic devices. Its unique structure, featuring pyrenyl groups, makes it valuable for enhancing electron transport properties in organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) cells. Additionally, it is explored for its potential in creating phosphorescent materials due to its phosphine oxide moiety, which can improve efficiency in light-emitting applications. Researchers also investigate its use in molecular sensors, leveraging its fluorescence properties for detecting specific analytes in environmental or biological systems.