Widely used in the field of organic electronics, this compound serves as a key component in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting properties. It is also utilized in the synthesis of advanced materials for photovoltaic devices, enhancing their efficiency and stability. In addition, it finds application in the production of high-performance polymers and coatings, where it contributes to improved thermal and chemical resistance. Its role as a ligand in coordination chemistry further enables the creation of complex structures for catalytic and sensing applications.