This chemical is primarily used in organic synthesis as a reagent for introducing the allyl group into various organic compounds. It is particularly valuable in the preparation of esters, amides, and other derivatives through reactions with alcohols, amines, and other nucleophiles. Its reactivity makes it a useful intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals. Additionally, it can be employed in polymer chemistry to modify or functionalize polymers, enhancing their properties for specific applications. Its role in facilitating complex organic transformations makes it a key component in advanced chemical research and industrial processes.