Used as a renewable platform chemical in the production of biofuels and biobased solvents due to its reactivity and origin from biomass sources. It serves as a precursor in the synthesis of adipic acid, which is used in nylon manufacturing. Also employed in organic synthesis for creating fragrances and flavoring agents because of its lactone structure and mild, sweet odor. Investigated for use in polymer chemistry to develop biodegradable plastics. Its ability to undergo ring-opening reactions makes it valuable in creating functionalized molecules for pharmaceuticals and agrochemicals.