This chemical is primarily used in organic synthesis as a versatile building block for the preparation of complex molecules. Its structure, featuring two propargyl groups, makes it valuable in click chemistry reactions, particularly in the formation of triazole compounds through copper-catalyzed azide-alkyne cycloaddition (CuAAC). It is also employed in the synthesis of polymers and dendrimers, where its multiple reactive sites allow for the creation of branched or cross-linked structures. Additionally, it serves as an intermediate in the development of pharmaceuticals and agrochemicals, enabling the introduction of functional groups that are essential for biological activity. Its malonate core further allows for modifications in carbon-carbon bond formation, making it useful in the construction of various organic frameworks.