This chemical is primarily used in the development of organic electronic materials, particularly in the field of organic photovoltaics (OPVs). Its structure makes it a suitable candidate for use as a building block in the synthesis of conjugated polymers, which are essential for creating efficient organic solar cells. The compound’s ability to absorb light and facilitate charge transport makes it valuable in enhancing the performance of these devices. Additionally, it is employed in research focused on improving the stability and efficiency of organic semiconductors, contributing to advancements in next-generation renewable energy technologies.