This compound is primarily utilized in the field of liquid crystal research and development. It serves as a key intermediate in the synthesis of liquid crystal materials, which are essential components in display technologies such as LCDs (liquid crystal displays). Its specific molecular structure allows it to contribute to the desired alignment and stability of liquid crystals, enhancing the performance and efficiency of electronic displays. Additionally, it may find use in organic synthesis for creating more complex biphenyl derivatives with tailored properties for advanced materials science applications.