This compound is primarily utilized in advanced materials research, particularly in the development of organic semiconductors and optoelectronic devices. Its unique fluorinated structure enhances stability and electron transport properties, making it suitable for use in organic light-emitting diodes (OLEDs) and photovoltaic cells. Additionally, it serves as a key component in the synthesis of porphyrin-based catalysts, which are employed in various chemical reactions, including oxidation processes. Its ability to form stable complexes with metals also makes it valuable in the creation of sensors for detecting specific gases or ions.