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 suitable for use as a hole-transporting material, which is essential for improving the efficiency and performance of OLED devices. Additionally, it can be employed in the synthesis of advanced organic semiconductors, contributing to the creation of more efficient and stable electronic components. Researchers also explore its potential in photovoltaic applications, where it may enhance the performance of organic solar cells by optimizing charge transport properties.