Used in the synthesis of liquid crystalline materials, this compound plays a crucial role in the development of advanced display technologies, such as LCDs, due to its ability to form stable mesophases. It is also employed in organic electronics for creating ordered thin films, which enhance the performance of organic semiconductors. Additionally, it serves as a key intermediate in the production of dendrimers and other complex macromolecules, which find applications in drug delivery systems and nanotechnology. Its long alkyl chains contribute to its solubility in organic solvents, making it suitable for use in various coating and material science applications.