This chemical is primarily utilized in the field of organic electronics, particularly in the development of conductive polymers. It serves as a key intermediate in the synthesis of poly(3,4-ethylenedioxythiophene) (PEDOT), a widely used conductive polymer. PEDOT is employed in various applications, including organic light-emitting diodes (OLEDs), solar cells, and electrochemical sensors, due to its excellent electrical conductivity and stability. Additionally, the compound is explored in the creation of advanced materials for energy storage devices, such as supercapacitors and batteries, where its properties contribute to enhanced performance and efficiency. Its role in these technologies underscores its importance in advancing sustainable and innovative electronic solutions.