This compound is primarily used in the synthesis of complex organic molecules, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of various active ingredients, including pesticides and herbicides, due to its reactive cyclohexene ring and ester functional group. Additionally, it is utilized in research and development for creating novel compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Its structural features make it a valuable building block in organic chemistry for constructing diverse molecular frameworks.