This chemical is primarily utilized in the field of materials science, particularly in the development of advanced organic semiconductors and photovoltaic devices. Its porphyrin core, combined with benzohydrazide groups, makes it highly effective in light absorption and electron transfer processes, which are critical for solar cell efficiency. Additionally, it is employed in the design of sensors and catalysts due to its ability to interact with various metal ions and small molecules, enabling applications in environmental monitoring and chemical synthesis. Its unique structure also makes it a candidate for use in organic light-emitting diodes (OLEDs) and as a photosensitizer in photodynamic therapy for targeted cancer treatment.