The glyph is not a composition. It has no designated width in East Asian texts. In bidirectional text it is written from left to right. When changing direction it is not mirrored. The word that U+0292 forms with similar adjacent characters prevents a line break inside it. The glyph can be confused with one other glyph.
The Wikipedia has the following information about this codepoint:
Ezh (Ʒ ʒ) , also called the "tailed z", is a letter, notable for its use in the International Phonetic Alphabet (IPA) to represent the voiced postalveolar fricative consonant. For example, the pronunciation of "si" in vision and precision , or the ⟨s⟩ in treasure . See also the letter ⟨Ž⟩ as used in many Slavic languages, the Persian alphabet letter ⟨ژ⟩, the Cyrillic letter ⟨Ж⟩, and the Esperanto letter ⟨Ĵ⟩.
Ezh is also used as a letter in some orthographies of Laz and Skolt Sami, both by itself, and with a caron (⟨Ǯ⟩ ⟨ǯ⟩). In Laz, these represent voiceless alveolar affricate /ts/ and its ejective counterpart /tsʼ/, respectively. In Skolt Sami they respectively denote partially voiced alveolar and post-alveolar affricates, broadly represented /dz/ and /dʒ/. It also appears in the orthography of some African languages, for example in the Aja language of Benin and the Dagbani language of Ghana, where the uppercase variant looks like a reflected sigma ⟨Σ⟩. It also appears in the orthography of Uropi.