This chemical is primarily used in organic synthesis as a building block for more complex molecules. Its structure, featuring a conjugated double bond and a carboxylic acid group, makes it a versatile intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals. It is often employed in reactions such as Michael additions, esterifications, and polymerizations. Additionally, its unique structure can be utilized in the development of fine chemicals and as a precursor for materials with specific optical or electronic properties. Its applications are particularly relevant in industries requiring tailored molecular architectures for advanced functional materials.