This chemical is primarily used in the field of organic electronics and materials science. It serves as a key building block in the synthesis of organic semiconductors, which are essential components in devices like organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs). Its structure allows for efficient charge transport, making it valuable in enhancing the performance of these devices. Additionally, it is utilized in the development of advanced polymers and coatings, where its properties contribute to improved durability and stability under various environmental conditions. In research, it is often employed as a model compound to study photophysical and electrochemical behaviors, aiding in the design of new materials with tailored properties.