Used as a key intermediate in the synthesis of liquid crystal materials, particularly in the production of advanced display technologies. Its molecular structure supports mesogenic properties when incorporated into larger molecules, making it valuable in the development of thermotropic liquid crystals. It is also utilized in the preparation of specialty polymers and cross-linking agents due to its dual hydroxyl functionality, enabling ether or ester formation. Additionally, it finds use in research for creating stimuli-responsive materials and functional coatings with tailored surface properties.