This chemical is primarily utilized in advanced materials research, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure contributes to enhancing the efficiency and stability of OLED devices, making it valuable for applications in high-performance displays and lighting systems. Additionally, it is explored in the field of organic electronics for its potential in improving charge transport properties in semiconductor materials. Researchers also investigate its use in catalytic processes due to its specific molecular configuration, which can facilitate selective chemical reactions.