This chemical is primarily utilized in the development of organic semiconductors and conductive polymers. Its unique structure makes it suitable for use in electronic devices such as organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). It serves as a key building block in synthesizing materials that enhance charge transport properties, improving the efficiency and performance of these devices. Additionally, it is explored in the field of organic electronics for its potential in creating flexible and lightweight components for next-generation technology. Its application is also being investigated in sensor technology, where it can be used to develop sensitive and selective detection systems.