Used primarily in the production of polymers and copolymers, it serves as a key monomer in the synthesis of acrylic resins, which are widely applied in coatings, adhesives, and sealants. It is also employed in the modification of natural and synthetic polymers to enhance their properties, such as water resistance and durability. In the pharmaceutical industry, it acts as an intermediate in the synthesis of various active pharmaceutical ingredients. Additionally, it is utilized in the preparation of specialty chemicals, including surfactants and flocculants, for industrial and water treatment applications. Its reactivity with amines and alcohols makes it valuable in creating cross-linked materials for use in medical devices and controlled-release drug delivery systems.