Used as a key intermediate in organic synthesis, particularly in the production of specialty polymers and resins. Its rigid bicyclic structure enhances thermal and chemical stability in polymer chains, making it suitable for high-performance materials. Commonly employed in the development of advanced coatings, adhesives, and engineering plastics where durability and resistance to degradation are critical. Also utilized in the synthesis of pharmaceuticals and agrochemicals due to its ability to act as a scaffold for functional group modifications.