This chemical is primarily used in organic synthesis as a versatile building block for the creation of complex molecules. Its structure allows it to participate in various reactions, such as Diels-Alder cycloadditions, which are valuable in constructing cyclic compounds. It is also employed in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals, where its dicarboxylate groups can be modified to introduce functional groups or create intermediates. Additionally, it serves as a precursor in the development of polymers and materials with specialized properties. Its application in research and industrial settings highlights its importance in advancing chemical innovation.