Used as a key intermediate in the synthesis of advanced bio-based polymers and resins, particularly in the production of sustainable polyesters and polyurethanes. Its furan ring structure and aldehyde functional groups enable cross-linking reactions, making it valuable in developing biodegradable plastics and green composite materials. Also explored in pharmaceuticals as a building block for heterocyclic compounds due to its rigid molecular framework. Additionally, serves as a precursor in the fabrication of functional materials for electrochemical applications, including sensors and conductive films.