This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure allows it to function as an efficient electron-transport material, enhancing the performance and efficiency of OLED devices. Additionally, it is explored in the synthesis of advanced organic semiconductors, contributing to the creation of high-performance electronic components. Researchers also investigate its potential in photophysical studies due to its distinct optical properties, making it valuable for applications in sensors and imaging technologies.