Used primarily as a monomer and intermediate in the synthesis of specialty polymers and resins. It serves in the production of epoxy resins when modified with epichlorohydrin, contributing to coatings and adhesives with enhanced thermal and chemical resistance. Also employed in the manufacture of certain antioxidants and stabilizers for plastics and rubber. Its reactive vinyl group allows for polymerization, making it useful in developing functional materials for electronics and composite applications. Additionally, it can act as a building block in organic synthesis for pharmaceuticals and agrochemicals.