This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex molecules. Its unique structure, featuring both pyran and tetrahydropyran rings, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of antiviral and antibacterial agents. Additionally, it serves as a key building block in the creation of specialty chemicals used in agrochemicals, where it contributes to the formulation of pesticides and herbicides. Its functional groups also enable its use in polymer chemistry, aiding in the modification of materials to enhance their properties.