This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is particularly valuable in the development of pharmaceutical compounds, where its functional groups, such as the bromohexyl chain, hydroxy group, and aldehyde moiety, allow for further chemical modifications. The compound is also employed in the synthesis of liquid crystals, which are essential components in display technologies like LCDs. Additionally, its structure makes it suitable for use in the creation of polymers and materials with specific optical or electronic properties. Researchers often leverage its reactivity to design and produce novel compounds for various industrial and scientific applications.