Used as a key intermediate in the synthesis of specialty polymers and biodegradable plasticizers due to its reactive epoxide ring, which allows for cross-linking and chemical modification. Commonly employed in coatings, adhesives, and resins to improve flexibility, adhesion, and thermal stability. Also utilized in research for developing bio-based lubricants and surfactants, leveraging its natural origin and functional groups for sustainable material design. Its epoxide functionality enables ring-opening reactions to introduce hydroxyl or other polar groups, enhancing compatibility in composite materials.