Used as a key intermediate in the synthesis of discotic liquid crystals, particularly for organic electronic applications. Its peripheral acetoxy groups can be hydrolyzed to form hydroxyl functionalities, enabling further modification to build columnar structures. These columnar mesophases exhibit charge carrier mobility along the stacked columns, making them suitable for use in organic photovoltaics (OPVs), organic field-effect transistors (OFETs), and light-emitting diodes (OLEDs). The compound’s rigid, planar core supports stable self-assembly into ordered nanostructures, which enhances electron transport in thin-film devices. It is also employed in studies focused on supramolecular organization and nanostructured materials for energy conversion systems.