This chemical is primarily used in the field of materials science, particularly in the development of organic semiconductors and optoelectronic devices. Its structure makes it suitable for applications in organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs), where it can enhance light absorption and charge transport properties. Additionally, it is utilized in the synthesis of advanced polymers and coatings, contributing to improved durability and performance in various industrial applications. Its role in catalysis, especially in photochemical reactions, is also noteworthy, as it aids in the efficient conversion of light energy into chemical energy.