Used primarily in the production of epichlorohydrin, which is a key intermediate in the manufacture of epoxy resins. These resins are widely applied in coatings, adhesives, and composite materials. Also serves as a precursor for the synthesis of various chemicals, including allyl alcohol and glycerol. In the pharmaceutical industry, it is utilized in the production of certain drugs and active pharmaceutical ingredients. Additionally, it finds application in the synthesis of specialty chemicals and agrochemicals, contributing to the development of pesticides and herbicides. Its role in polymer production is significant, aiding in the creation of plastics and synthetic rubbers.