3-Ethyloxetan-3-ol is primarily used as a reactive intermediate in organic synthesis, particularly in the production of polymers and specialty chemicals. Its oxetane ring structure makes it valuable for creating cross-linked polymers, which are essential in coatings, adhesives, and sealants due to their enhanced durability and resistance properties. Additionally, it serves as a building block in the synthesis of pharmaceuticals and agrochemicals, where its unique reactivity can be leveraged to construct complex molecular frameworks. The compound is also explored in advanced material science for developing high-performance resins and composites.