Used primarily in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a key component in the synthesis of hole-transporting materials, which are essential for improving the efficiency and performance of OLED devices. Additionally, it is utilized in the creation of organic photovoltaic cells, where it helps enhance charge carrier mobility and overall energy conversion efficiency. Its application extends to research and development of advanced optoelectronic materials, contributing to innovations in display technologies and renewable energy solutions.