Used primarily as an intermediate in organic synthesis, it plays a crucial role in the production of liquid crystals, which are essential components in display technologies like LCDs. Its structure contributes to the stability and performance of these materials. Additionally, it is utilized in the development of photoresists for semiconductor manufacturing, aiding in the precise patterning required for microchip production. In research, it serves as a building block for more complex organic compounds, enabling advancements in material science and chemistry.