This chemical is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure makes it suitable for use as a hole-transporting material, which is crucial for improving the efficiency and performance of OLED devices. Additionally, it is employed in the synthesis of advanced materials for optoelectronic applications, such as organic photovoltaic cells, due to its ability to facilitate charge transport. Its unique properties also make it a candidate for use in organic semiconductors and other electronic components that require stable and efficient conductive materials.