Used primarily as a monomer in the synthesis of polycarbonates and copolyesters, this compound contributes to the production of high-performance polymers with enhanced thermal stability and mechanical strength. Its cyclic carbonate structure enables ring-opening polymerization, making it valuable in creating biodegradable plastics and aliphatic polycarbonates used in medical devices, coatings, and environmentally friendly packaging materials. It is also employed in the development of crosslinking agents for resins and in electrolyte additives for lithium-ion batteries, where it helps improve battery life and safety by forming stable solid-electrolyte interphases.