This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a hole-transporting material, enhancing the efficiency and stability of OLED devices. Its structure allows for effective charge transport, making it suitable for use in display technologies and lighting applications. Additionally, it is explored in the synthesis of advanced materials for optoelectronic devices, contributing to improved performance in solar cells and other energy-related applications. Its role in these technologies underscores its importance in advancing sustainable and efficient electronic systems.