Used as an intermediate in organic synthesis, particularly in the production of specialty polymers and resins. It serves as a building block for crosslinking agents in coatings and adhesives, enhancing water resistance and mechanical strength. Also employed in the synthesis of pharmaceuticals and agrochemicals due to its reactive hydroxyl groups and olefinic bonds, allowing for diverse functionalization. Its diol structure makes it suitable for use in polyurethane and polyester formulations, contributing to flexibility and durability in the final products.