This chemical is primarily utilized in the synthesis of organic materials, particularly in the development of advanced optoelectronic devices. It serves as a key building block in the creation of organic light-emitting diodes (OLEDs), where its structure contributes to efficient charge transport and light emission. Additionally, it is employed in the production of liquid crystal displays (LCDs) and other electronic components due to its stability and electronic properties. In research, it is often used as a precursor for developing novel polymers and small molecules with potential applications in photovoltaics and sensors. Its ability to form stable, conjugated systems makes it valuable in the field of materials science for designing functional organic compounds.