Used as a key intermediate in the synthesis of liquid crystalline materials, particularly in the production of chiral dopants for liquid crystal displays (LCDs). Its stereochemistry enables precise control over helical twisting in cholesteric liquid crystals, enhancing display performance. Also employed in the development of specialty polymers and surfactants where chain length and hydroxyl group positioning influence self-assembly and thermal properties. Its long aliphatic backbone supports membrane mimicry in research settings, useful in studying lipid bilayer behavior.