This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure makes it suitable for use in organic light-emitting diodes (OLEDs), where it can enhance efficiency and stability due to its high thermal and photochemical stability. Additionally, it is employed in the synthesis of chiral materials, which are essential for applications in asymmetric catalysis and the production of enantiomerically pure compounds. Its spirobiindene core also contributes to its use in creating highly ordered molecular architectures for use in sensors and advanced coatings.