This chemical is primarily used in the field of organic electronics due to its excellent optoelectronic properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), particularly in the fabrication of emissive layers. Its high fluorescence efficiency and stability make it suitable for use in display technologies and lighting applications. Additionally, it is employed in the creation of organic photovoltaic (OPV) devices, where it enhances light absorption and charge transport, improving the overall efficiency of solar cells. Its ability to form thin, uniform films further supports its application in advanced electronic and optoelectronic devices.