Used as a versatile intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. It serves as a building block for heterocyclic compounds due to its reactive dihydrofuran ring. Commonly employed in cycloaddition reactions, such as Diels-Alder, to construct complex cyclic structures. Also utilized in the synthesis of natural products and functionalized tetrahydrofuran derivatives, which are important in medicinal chemistry. Its ability to undergo ring-opening and functionalization makes it valuable in creating chiral molecules for drug development.