This chemical is primarily utilized in the field of organic electronics, particularly in the development of light-emitting diodes (LEDs) and organic photovoltaic cells. Its structure allows for efficient electron transport, making it a valuable component in the creation of high-performance organic semiconductors. Additionally, it is often employed in research focused on synthesizing advanced materials for optoelectronic devices, contributing to innovations in display technologies and solar energy conversion. Its stability and electronic properties also make it a candidate for use in sensors and other electronic applications requiring precise control over charge transfer.