Used as a liquid crystal component in display technologies, particularly in cholesteric or chiral nematic phases for reflective displays and smart windows. It helps stabilize the helical structure necessary for selective light reflection, enabling low-power, high-contrast visual applications. Also employed in temperature-sensitive devices due to its reversible color-changing properties with thermal variation. Found in some cosmetic formulations as a stabilizer and emollient, contributing to texture and skin feel. Additionally, utilized in research settings for modeling lipid behavior in biomembranes due to its structural similarity to natural cholesterol derivatives.