Used primarily as a monomer in specialty polymer synthesis, this compound contributes to the production of high-performance resins with excellent thermal stability and mechanical strength. Its strained norbornene structure enables ring-opening metathesis polymerization (ROMP), making it valuable in advanced material applications such as microelectronics, aerospace components, and precision coatings. It is also employed in the formulation of adhesives and sealants requiring resistance to harsh environments. Additionally, its functional ester group allows for further chemical modification, supporting use in tailored oligomers and copolymers for optical and electronic applications.