Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Acts as a building block in the preparation of bioactive molecules, particularly in the development of compounds with antioxidant and anti-inflammatory properties. Employed in the synthesis of UV-absorbing agents for cosmetic formulations due to its ability to absorb ultraviolet radiation. Also utilized in polymer chemistry to modify resin properties, enhancing stability and reactivity. Its α,β-unsaturated ester structure makes it suitable for Michael addition reactions and other conjugate additions in synthetic pathways.