Primarily utilized in the field of organic synthesis, this compound serves as a key intermediate in the development of more complex chemical structures. Its unique structure, featuring both acryloyl and succinic acid groups, makes it particularly valuable in the synthesis of polymers and resins, where it can contribute to the enhancement of material properties such as flexibility, durability, and resistance to environmental factors. Additionally, its phenolic and methoxy groups make it a candidate for use in the production of antioxidants, where it can help in stabilizing products against oxidative degradation. In the pharmaceutical industry, it is explored for its potential in the synthesis of bioactive molecules, possibly offering pathways to new therapeutic agents with anti-inflammatory or anticancer properties. Its application in these areas underscores its versatility and importance in advancing material science and drug development.