Used in organic synthesis as a building block for pharmaceuticals and agrochemicals. Acts as a flavoring agent in food industry due to its nutty, roasted aroma. Employed in the development of fragrances and perfumes for its earthy scent profile. Serves as an intermediate in the production of specialty chemicals and functional materials. This furan-based compound is valued in organic chemistry for its reactivity. Also investigated for use in green chemistry applications due to its potential as a bio-based solvent or fuel additive.