This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a hole-transporting material, enhancing the efficiency and performance of OLED devices by facilitating the movement of positive charges within the organic layers. Additionally, it finds application in the synthesis of advanced polymers and dyes, where its structural properties contribute to improved stability and color properties. Its role in these technologies underscores its importance in the advancement of display and lighting solutions.