Ferrocenemethanol is widely used in electrochemical applications due to its redox-active properties. It serves as a mediator in biosensors, enhancing the detection of biomolecules like glucose and cholesterol. In organic synthesis, it acts as a versatile building block for creating ferrocene derivatives with tailored properties. Its stability and solubility make it useful in catalysis, particularly in asymmetric synthesis and polymerization reactions. Additionally, it is employed in materials science for modifying surfaces and creating conductive or magnetic materials. Its applications also extend to nanotechnology, where it is used in the design of molecular devices and sensors.