Used primarily in the synthesis of advanced materials, particularly in the development of liquid crystal displays (LCDs). It serves as a key intermediate in the production of liquid crystal compounds, which are essential for the functionality of LCD screens in televisions, monitors, and smartphones. Additionally, it finds application in organic synthesis for creating complex molecules used in pharmaceuticals and agrochemicals. Its role in polymer chemistry is also notable, where it contributes to the development of high-performance polymers with specific optical and thermal properties.