Used primarily as an intermediate in organic synthesis, this compound is valuable in the preparation of more complex molecules for pharmaceuticals and agrochemicals. Its alkyne and ether functional groups allow for participation in click chemistry, particularly copper-catalyzed azide-alkyne cycloaddition (CuAAC), making it useful in bioconjugation and drug discovery research. It also serves in the development of specialty polymers and functional materials where controlled reactivity and molecular bridging are required.