Used as a key intermediate in organic synthesis, particularly in the production of specialty polymers and resins. Its structure allows for participation in Diels-Alder reactions, making it valuable in creating heat-resistant and high-performance materials. Commonly employed in the development of functional coatings, adhesives, and electronic materials due to its thermal stability and reactivity. Also utilized in pharmaceutical research as a building block for synthesizing bioactive compounds. Its ability to modify polymer properties enhances durability and chemical resistance in final products.