Used in the synthesis of liquid crystal materials for display technologies, particularly in the production of reactive mesogens that enhance the performance of LCDs. Acts as an intermediate in pharmaceutical manufacturing, where it contributes to the development of anti-inflammatory and analgesic compounds. Employed in organic synthesis for creating specialty polymers and functionalized aromatic compounds due to its dual functional groups enabling esterification and amidation reactions. Also utilized in research settings for developing photo-responsive materials and supramolecular structures.