This chemical is primarily used in the development of organic electronic materials, particularly in the synthesis of advanced polymers and small molecules for optoelectronic devices. Its structure makes it suitable for creating materials with specific electronic properties, such as charge transport layers in organic light-emitting diodes (OLEDs) or organic photovoltaics (OPVs). Additionally, it serves as an intermediate in the production of dyes and pigments, contributing to the coloration and stability of these materials. Its role in research and development of novel organic semiconductors is also notable, aiding in the exploration of new materials for flexible electronics and display technologies.