Used as a key intermediate in organic synthesis, particularly in the preparation of esters and polymers. Its allyl group enables cross-linking reactions, making it valuable in polymer chemistry for modifying resin properties. Commonly employed in the development of specialty monomers for coatings and adhesives. Also utilized in the synthesis of pharmaceuticals and agrochemicals due to its reactive functional groups. The compound’s bifunctional nature allows for sequential reactions, facilitating the construction of complex molecules in multi-step syntheses.