Used as a key intermediate in the synthesis of high-performance polymers, particularly in the production of polycarbonates and epoxy resins. Its structure enables enhanced thermal stability and mechanical strength in the resulting materials, making it valuable in manufacturing engineering plastics and specialty coatings. Also employed in the development of advanced optical materials due to its favorable refractive properties. Additionally, finds use in the design of liquid crystal monomers for display technologies, formatted to improved alignment and electro-optical performance.