This chemical is primarily used in organic synthesis as an intermediate for the production of more complex molecules. It serves as a key building block in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require cyclohexane-based structures. Additionally, it is utilized in the creation of agrochemicals, where its cyclohexane ring system is incorporated into herbicides, fungicides, or insecticides. Its ester functional group also makes it a valuable precursor in polymer chemistry, where it can be modified to produce specialty polymers or coatings. In research, it is employed in studies involving ring transformations and catalytic reactions due to its stable yet reactive structure.