This chemical is primarily utilized in advanced material science, particularly in the development of organic electronic devices. Its unique structure makes it an effective component in organic light-emitting diodes (OLEDs), where it enhances efficiency and stability. Additionally, it is used in the synthesis of high-performance polymers and coatings, contributing to improved durability and thermal resistance. In research, it serves as a key intermediate for creating novel phosphorescent materials, which are essential for applications in displays and lighting technologies.