Used as a building block in organic synthesis, particularly in the development of advanced materials and supramolecular structures. Its bulky tert-butyl groups provide steric protection, making it valuable in the design of stable radical species and catalysts. Commonly employed in the fabrication of organic semiconductors and photovoltaic devices due to its electronic properties and structural stability. Also finds use in research settings for studying steric effects in coordination chemistry and in the synthesis of porphyrin-like macrocycles with tailored functionalities.