This chemical is primarily used in the field of organic electronics and photovoltaics. It serves as an electron acceptor material in organic solar cells, enhancing their efficiency by facilitating the separation and transport of charge carriers. Its application is crucial in the development of bulk heterojunction solar cells, where it helps improve light absorption and energy conversion. Additionally, it is utilized in research and development of advanced materials for optoelectronic devices, contributing to innovations in flexible and lightweight solar panels. Its compatibility with various organic semiconductors makes it a valuable component in the design of high-performance, low-cost renewable energy solutions.