Used primarily in the field of organic electronics, this compound serves as a key building block for the synthesis of organic semiconductors. Its structure allows for efficient charge transport, making it valuable in the development of organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it is employed in research for creating fluorescent markers and sensors due to its strong luminescent properties. Its ability to polymerize also makes it useful in the production of advanced polymeric materials with specific optical and electronic characteristics.