Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of beta-hydroxy esters for chiral building blocks. Commonly employed in the fragrance and flavor industry due to its fruity, green, and apple-like notes, making it suitable for perfumes, cosmetics, and food flavorings. Also utilized in the preparation of biodegradable polymers and as a solvent or additive in specialty coatings and resins.