This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure makes it an effective hole-transporting material, enhancing the efficiency and stability of OLED devices. Additionally, it is employed in the synthesis of advanced materials for optoelectronic applications, such as organic photovoltaics, where it contributes to improved charge carrier mobility. Its unique properties also make it suitable for use in research focused on creating high-performance organic semiconductors.