Used as a key intermediate in the synthesis of lithium-ion battery electrolytes, particularly in the production of fluoroethylene carbonate (FEC), which enhances battery performance by improving the stability of the solid electrolyte interphase (SEI) layer. It also serves in the preparation of specialty polymers and as a protecting group reagent in organic synthesis due to its ability to introduce dioxolane functionalities. Its cyclic carbonate structure makes it valuable in reactions requiring controlled release or activation of functional groups.