Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the development of compounds with biological activity. It serves in organic transformations where its vinyl and ether functionalities allow for further functionalization, such as polymerization, oxidation, or cyclization reactions. Commonly employed in research settings to build complex molecular structures, especially in medicinal chemistry for designing drug candidates. Also found utility in the preparation of fragrances and flavoring agents due to its aromatic character and reactivity profile.