This chemical is primarily utilized in the field of organic electronics due to its excellent photophysical properties. It is commonly employed as a semiconductor material in organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) devices, where it enhances charge transport and light absorption efficiency. Its high thermal and chemical stability makes it suitable for use in high-performance electronic applications. Additionally, it is used in the development of fluorescent dyes and sensors, leveraging its strong fluorescence and ability to interact with specific analytes. In research, it serves as a model compound for studying electron transfer processes and molecular self-assembly in advanced materials.