This chemical is primarily utilized in advanced materials research, particularly in the development of organic semiconductors and optoelectronic devices. Its unique structure contributes to enhanced charge transport properties, making it suitable for use in organic light-emitting diodes (OLEDs) and organic field-effect transistors (OFETs). Additionally, it is explored in the synthesis of novel phosphorescent materials, which are critical for applications in energy-efficient displays and lighting systems. Its stability and electronic properties also make it a candidate for use in photovoltaic cells, aiding in the conversion of solar energy into electricity.