This compound is primarily utilized in the field of organic electronics and materials science due to its unique electronic properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it acts as a hole-transport material, enhancing the efficiency and performance of the devices. Additionally, it is employed in the synthesis of advanced polymers and coatings, contributing to their stability and functionality. Its application extends to photoresist materials in the semiconductor industry, where it aids in the precise patterning of microelectronic components. Furthermore, it is explored in research for its potential use in optoelectronic devices, such as sensors and photovoltaics, due to its ability to modulate light absorption and emission properties.