Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Serves as a building block in the preparation of chalcone derivatives, which exhibit biological activities such as antimicrobial, anti-inflammatory, and anticancer properties. Employed in the development of photoresponsive materials due to its conjugated system that undergoes trans-cis isomerization under light exposure. Also utilized in the synthesis of liquid crystals and nonlinear optical materials. Shows potential in dye-sensitized solar cells as a component for sensitizers.