This chemical is primarily used as a monomer in the synthesis of specialized polymers, particularly polyesters and polyamides, due to its bifunctional structure. Its ability to form ester and amide linkages makes it valuable in creating high-performance materials with specific mechanical and thermal properties. It is also employed in the development of biodegradable plastics, contributing to environmentally friendly material solutions. Additionally, it finds application in the pharmaceutical industry as an intermediate in the production of certain drugs, particularly those requiring precise molecular architecture. Its role in organic synthesis extends to the creation of complex molecules for research and industrial purposes.