Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and fine chemicals. Its epoxide functionality allows it to participate in ring-opening reactions, while the terminal alkene group enables addition reactions and further functionalization, making it valuable for creating complex molecular structures. It is also employed in the development of chiral compounds, particularly in asymmetric synthesis, due to its stereocenter. Additionally, it finds use in polymer chemistry for modifying and cross-linking polymers to enhance their properties, leveraging both the epoxide and alkene moieties. Its reactivity with nucleophiles makes it a versatile building block in the synthesis of biologically active molecules.