This chemical is primarily used in the development of advanced materials, particularly in the field of organic electronics. It serves as a key component in the synthesis of organic semiconductors, which are essential for creating flexible displays, solar cells, and light-emitting diodes (LEDs). Its unique structure allows for efficient charge transport, making it suitable for high-performance electronic devices. Additionally, it is explored in the design of optoelectronic materials due to its ability to enhance light absorption and emission properties. Researchers also investigate its potential in creating molecular sensors and catalysts for various chemical reactions.