This compound is primarily used in organic synthesis as a versatile intermediate. It plays a significant role in the production of fine chemicals and pharmaceuticals, where it serves as a building block for more complex molecules. Its structure, featuring a cyclohexene ring and an ester functional group, makes it useful in reactions such as Diels-Alder cycloadditions, which are crucial for constructing cyclic compounds. Additionally, it is employed in the development of fragrances and flavoring agents due to its ability to impart unique aromatic properties. In research, it is often utilized to study reaction mechanisms and to develop new synthetic methodologies. Its applications also extend to polymer chemistry, where it can be used to modify or create polymers with specific properties.