Albanol B is primarily used in the field of organic synthesis, particularly as an intermediate in the production of pharmaceuticals and fine chemicals. Its unique molecular structure allows it to serve as a building block in the development of bioactive compounds, including potential antiviral and anticancer agents. It is also employed in research settings for the synthesis of complex natural products and functionalized aromatic systems. Due to its reactivity and stability under various conditions, Albanol B is valuable in catalytic reactions and multistep synthetic pathways. Additionally, it finds application in the preparation of specialty polymers and materials where precise molecular architecture is required.