This compound is primarily used as a photosensitizer in photopolymerization processes, where it plays a critical role in initiating polymerization reactions under light exposure. Its application is particularly significant in the production of coatings, adhesives, and inks, where rapid curing and precise control over the polymerization process are required. Additionally, it is utilized in the manufacturing of advanced materials, such as photoresists in the electronics industry, enabling the creation of high-resolution patterns on semiconductor wafers. Its efficiency in generating reactive species upon light absorption makes it a valuable component in various light-induced chemical processes.