Used as an intermediate in organic synthesis, particularly in the preparation of liquid crystals and pharmaceuticals. It serves as a building block for cross-coupling reactions, such as Suzuki and Heck reactions, enabling the formation of carbon-carbon bonds in complex molecules. Its allyl ether functionality allows for further functionalization or deprotection under mild conditions, making it valuable in multi-step synthesis. Also employed in the development of agrochemicals and functional materials due to its reactivity and structural stability.