4-Indanol is widely used in the synthesis of pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. It serves as a key intermediate in the production of various drugs, including those targeting neurological disorders and cardiovascular diseases. Additionally, it is utilized in organic chemistry research for the creation of complex molecules due to its versatile structure. In the field of material science, 4-Indanol is employed in the development of advanced polymers and coatings, enhancing their durability and performance. Its applications also extend to the fragrance industry, where it contributes to the formulation of specific scents.