Used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its ester and chloromethyl functionalities allow for further chemical modifications, such as nucleophilic substitution or cross-coupling reactions. Commonly employed in the construction of complex cyclic structures where a functionalized cyclohexane backbone is required. Also utilized in the development of specialty polymers and as a building block in medicinal chemistry for introducing cycloalkyl motifs into drug candidates.