This chemical is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring carbazole and dioxaborolane groups, makes it an effective material for electron transport layers and as a building block in the synthesis of conjugated polymers. These polymers are essential for creating flexible, lightweight, and energy-efficient electronic devices. Additionally, it serves as a key intermediate in the production of advanced materials for optoelectronic applications, enabling improved performance in display technologies and solar cells. Its unique properties also make it suitable for use in sensors and other electronic components requiring high stability and efficiency.