This chemical is primarily utilized in the development of advanced materials, particularly in the field of liquid crystals and self-assembled monolayers. Its amphiphilic nature, due to the long alkyl chain and carboxylic acid groups, makes it suitable for creating ordered structures at the nanoscale. It is often employed in the synthesis of supramolecular assemblies, which are critical in designing materials with specific optical, electronic, or mechanical properties. Additionally, it finds application in surface modification processes, where it helps in altering surface properties to achieve desired wettability, adhesion, or corrosion resistance. Its role in organic electronics is also noteworthy, as it can be used to fabricate organic semiconductors or as a building block for organic frameworks.