Used primarily as an intermediate in organic synthesis, this compound plays a key role in the production of specialty chemicals such as surfactants, lubricants, and polymers. It is valued for its ability to introduce epoxy functional groups into larger molecules, enhancing reactivity and enabling cross-linking in resin systems. Commonly employed in the manufacture of modifiers for epoxy resins, it contributes to improved flexibility and adhesion properties in coatings and adhesives. It also finds use in synthesizing pharmaceuticals and agrochemicals due to its versatile reactivity in ring-opening reactions. Handling requires caution due to its reactivity and potential toxicity.