Used primarily in the synthesis of liquid crystal materials, this compound plays a critical role in the development of advanced display technologies. Its structure allows it to contribute to the stability and responsiveness of liquid crystal displays (LCDs), enhancing the performance of screens in devices like televisions, monitors, and smartphones. Additionally, it serves as an intermediate in organic synthesis, aiding in the creation of complex molecules for research and industrial applications. Its unique properties make it valuable in the study of phase transitions and molecular alignment in liquid crystal systems.