Used in organic synthesis as a versatile intermediate for the production of various pharmaceuticals and fine chemicals. It serves as a building block in the development of complex molecules, particularly in the synthesis of active pharmaceutical ingredients (APIs). Its tetrahydrofuran moiety makes it valuable for creating cyclic structures, which are common in many drug compounds. Additionally, it is employed in the preparation of polymers and specialty materials, where its functional groups can be modified to achieve desired properties. Its application extends to research and development, where it is utilized in the exploration of new chemical reactions and pathways.