This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for organic solar cells. Its unique structure makes it an effective component in the synthesis of conjugated polymers, which are crucial for enhancing the efficiency of photovoltaic devices. The compound serves as a key building block in the creation of donor-acceptor copolymers, which are essential for optimizing light absorption and charge transport in solar cells. Additionally, it is employed in research focused on improving the stability and performance of organic semiconductors, contributing to the advancement of next-generation renewable energy technologies.