This compound is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key component in the fabrication of organic light-emitting diodes (OLEDs) due to its ability to enhance electron transport and improve device efficiency. Additionally, its unique structure makes it suitable for use in organic photovoltaic cells, where it contributes to better light absorption and charge carrier mobility. The compound is also explored in the design of sensors and optoelectronic devices, leveraging its stable and tunable electronic properties. Its application extends to research in supramolecular chemistry, where it is used to study self-assembly processes and create novel functional materials.