Used primarily in the production of 1,3-propanediol, a key component in the creation of polyesters and polyurethanes, which are widely utilized in textiles, packaging, and automotive industries. It also serves as an intermediate in the synthesis of various pharmaceuticals and fine chemicals. Additionally, it has applications in the food industry as a precursor for certain flavoring agents and preservatives. Its role in biotechnological processes, particularly in microbial fermentation, is significant for producing bio-based chemicals and sustainable materials.