Used as a reactive monomer in specialty polymer synthesis, particularly in the production of adhesives and coatings due to its ability to undergo rapid polymerization. Its high reactivity makes it suitable for creating cross-linked polymer networks, enhancing durability and thermal stability. Also employed in controlled release systems and biomedical applications, such as drug delivery matrices, where biodegradable polymers are required. Additionally, it serves as a key intermediate in organic synthesis for building complex molecules in pharmaceuticals and agrochemicals.