This chemical is widely used in the field of materials science, particularly in the development of advanced organic semiconductors. Its unique structure allows it to function as an efficient electron acceptor, making it valuable in organic photovoltaic devices for improving energy conversion efficiency. Additionally, it is employed in the design of sensors due to its ability to interact selectively with various analytes, enabling the detection of gases, ions, or biomolecules. In catalysis, it serves as a robust catalyst or catalyst support in oxidation reactions, leveraging its stability and reactivity under harsh conditions. Its fluorescence properties also make it suitable for applications in imaging and photodynamic therapy, where it can be used to target and destroy cancer cells.