This chemical is primarily used in the field of organic electronics due to its excellent photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and brightness. Additionally, it is utilized in the production of fluorescent sensors for detecting specific analytes, leveraging its strong emission characteristics. In research, it acts as a model compound for studying charge transfer and energy migration processes in organic semiconductors. Its stability and luminescent properties also make it suitable for applications in optoelectronic devices and advanced materials.