Used primarily as a biomass-derived platform chemical in the production of biofuels and biobased polymers. It serves as a key intermediate in the synthesis of renewable plastics, such as polyethylene furan-2,5-dicarboxylate (PEF), which is a sustainable alternative to PET. Also investigated for use in the preparation of pharmaceuticals, agrochemicals, and functional materials due to its reactive aldehyde and hydroxymethyl groups. Shows potential in energy storage applications, including conversion to dimethylfuran for use as a liquid biofuel. Additionally, it is studied for its role in Maillard reaction products, contributing to flavor and color in processed foods, though it may also form undesirable byproducts under certain conditions.