Allyl acetoacetate is widely used in the production of polymers and resins, where it acts as a key monomer. Its ability to undergo polymerization reactions makes it valuable in creating coatings, adhesives, and sealants with enhanced durability and flexibility. Additionally, it serves as an intermediate in the synthesis of pharmaceuticals and agrochemicals, contributing to the development of active ingredients. In the fragrance industry, it is utilized as a precursor for synthesizing aroma compounds, imparting unique scents to perfumes and cosmetics. Its versatility also extends to organic synthesis, where it is employed in the preparation of complex molecules through various chemical reactions.