Used as a key intermediate in the synthesis of fragrances and flavoring agents due to its ability to form cyclic structures with desirable olfactory properties. It is also employed in the production of specialty polymers, where it contributes to enhancing thermal stability and rigidity of the final polymer matrix. In pharmaceuticals, it serves as a building block for heterocyclic compounds, particularly in the development of central nervous system agents and anti-inflammatory drugs. Its bifunctional carboxylic acid groups allow for easy derivatization, making it valuable in organic synthesis and fine chemical manufacturing.