Used as a key intermediate in the synthesis of advanced polymers and resins, particularly in the production of specialty polyesters and copolyesters with enhanced flexibility and thermal stability. Its allyloxy functionality allows for further chemical modifications, including crosslinking via radical reactions, making it valuable in coatings, adhesives, and UV-curable systems. Also employed in the development of functionalized aromatic building blocks for pharmaceuticals and agrochemicals due to its reactive ester groups and ether linkage.