Used primarily as an intermediate in organic synthesis, particularly in the production of pharmaceuticals, agrochemicals, and specialty polymers. Its strained epoxide ring readily undergoes ring-opening reactions with nucleophiles, making it valuable for introducing functional groups into larger molecules. Commonly employed in the synthesis of surfactants, lubricants, and plasticizers due to its ability to modify hydrophobicity and reactivity. Also utilized in the preparation of copolymers with improved thermal and mechanical properties, especially in elastomers and coatings. Its reactivity allows for efficient derivatization in fine chemical manufacturing.