This chemical is primarily utilized in organic synthesis, particularly as an intermediate in the production of specialty chemicals and advanced materials. Its structure makes it suitable for creating liquid crystalline compounds, which are essential in the development of display technologies such as LCDs. Additionally, it serves as a key building block in the synthesis of surfactants and emulsifiers, which are widely used in industrial and consumer products like detergents, coatings, and personal care items. Its reactivity allows for further functionalization, enabling its incorporation into polymers and other complex molecules for tailored applications in material science.