Used as a key intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Serves as a building block for the synthesis of cyclic carbonates and polycarbonates due to its reactive allyl groups. Employed in the preparation of cross-linking agents for polymers, enhancing thermal and chemical resistance of resins. Also utilized in the development of specialty monomers for UV-curable coatings and adhesives. Its ability to undergo transesterification and addition reactions makes it valuable in green chemistry applications, where it contributes to safer and more sustainable synthetic routes.