This chemical is primarily used in the development of organic electronic materials, particularly in the field of organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Its structure, featuring thiophene and benzotriazole units, makes it an excellent candidate for use as an electron-accepting component in conjugated polymers or small molecules. These materials are crucial for enhancing the efficiency of solar cells by improving light absorption and charge transport properties. Additionally, its long alkyl chain (2-octyldodecyl) provides good solubility in organic solvents, facilitating solution-based processing techniques like spin-coating or inkjet printing, which are essential for large-scale production of flexible electronic devices. Its applications also extend to organic field-effect transistors (OFETs), where it contributes to the development of high-performance semiconducting layers.