Used as an intermediate in organic synthesis, particularly in the production of fragrances and flavor compounds due to its ester derivatives having fruity, floral notes. Also employed in the preparation of pharmaceuticals and bioactive molecules where a functionalized aliphatic chain with ether and carboxylic acid groups is required. Its derivatives may serve as building blocks in the synthesis of gamma-alkoxybutyrate analogs, which are of interest in medicinal chemistry. Additionally, it finds use in the development of polymers and specialty chemicals requiring unique solubility and reactivity profiles.