This chemical is primarily utilized as an intermediate in organic synthesis, particularly in the production of specialty chemicals and pharmaceuticals. It serves as a building block for creating complex molecules due to its unique structure, which includes both a dioxane ring and a carboxylic acid group. Its applications extend to the development of polymers, where it can be used to modify properties such as solubility and stability. Additionally, it finds use in the formulation of certain agrochemicals, contributing to the synthesis of active ingredients for crop protection. Its versatility in chemical reactions makes it valuable in research and industrial processes aiming to develop new materials or compounds with specific functionalities.