This compound is primarily used in the field of organic synthesis, particularly in the development of complex molecules. It serves as a key intermediate in the production of advanced materials, such as liquid crystals, which are essential components in displays for electronic devices like TVs, smartphones, and monitors. Additionally, its unique structure makes it valuable in the creation of polymers with specific optical properties, enhancing their performance in various industrial applications. It is also explored in research for potential use in photoresist materials, which are critical in semiconductor manufacturing processes.