This chemical is primarily used as a reactive intermediate in organic synthesis, particularly in the modification of polymers and surfactants. Its structure, featuring both a hydroxy group and a sulfonate ester, makes it suitable for introducing hydrophilic properties into various materials. It is often employed in the production of specialty coatings, adhesives, and sealants, where it enhances water solubility and adhesion properties. Additionally, it finds application in the development of advanced surfactants for industrial cleaning products, where it helps improve emulsification and dispersion of oils and greases. Its role in creating functionalized polymers is also notable, as it contributes to the development of materials with tailored properties for specific industrial applications.