Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It participates in ring-opening reactions to form carboxylic acid derivatives, making it valuable in synthesizing biologically active molecules. Also employed in the preparation of polymers and copolymers due to its ability to act as a cross-linking agent. Its reactivity allows for the modification of resins and coatings, enhancing durability and thermal stability. Additionally, it finds use in research settings for developing new synthetic pathways and functionalized materials.