Primarily used in the field of organic electronics, this compound serves as a key building block for the synthesis of advanced materials. It is particularly valued in the development of organic light-emitting diodes (OLEDs) due to its ability to enhance electroluminescence and improve device efficiency. Additionally, it finds application in the creation of organic semiconductors, where its structural properties contribute to the optimization of charge transport and stability. The compound is also employed in photovoltaics, aiding in the design of more efficient solar cells by improving light absorption and energy conversion rates. Its versatility extends to the production of high-performance polymers and coatings, which benefit from its thermal and chemical resistance.