Used primarily as an intermediate in the synthesis of more complex organic compounds, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key building block in the creation of active pharmaceutical ingredients (APIs) due to its biphenyl structure, which is common in many drug molecules. Additionally, it is utilized in the development of liquid crystal materials for displays, owing to its stable aromatic structure and ability to form ordered phases. In research, it is employed as a precursor in organic synthesis to study reaction mechanisms and develop new chemical processes.