Used as a high-performance organic pigment in coatings, plastics, and inks due to its excellent thermal stability and lightfastness. It provides a bright red shade with strong tinting strength, making it suitable for automotive paints and industrial finishes. Also employed in specialty applications such as security printing and electronic displays where color purity and durability are critical. Shows potential in optoelectronic devices because of its fluorescence properties and ability to form stable thin films.