Used as a key intermediate in the synthesis of advanced bio-based polymers and resins. Its furan rings enable sustainable polymerization processes, making it valuable in developing biodegradable plastics and green composite materials. Applied in coating technologies due to its ability to form thermally stable and chemically resistant films. Also explored in pharmaceutical research as a building block for heterocyclic compounds with potential biological activity. Its bifunctional structure supports cross-linking in specialty adhesives and functional coatings.