Used primarily as a liquid crystal material in display technologies, this compound functions as a key intermediate in the synthesis of thermotropic liquid crystalline phases. Its molecular structure supports stable mesophase behavior, making it suitable for applications in LCDs and electro-optical devices. Additionally, it serves as a model compound in studies of molecular self-assembly and phase transition behavior due to its reversible thermal properties. It is also employed in the development of organic semiconductors and photoresponsive materials for advanced electronic applications.