Used primarily in organic synthesis, this chemical serves as a key intermediate in the production of various pharmaceuticals, agrochemicals, and fragrances. Its structure allows it to participate in Diels-Alder reactions, making it valuable for creating complex cyclic compounds. Additionally, it is employed in the manufacture of resins and polymers, where its reactivity aids in cross-linking processes. In the flavor and fragrance industry, it contributes to the synthesis of compounds that mimic natural scents. Its versatility also extends to research laboratories, where it is utilized in the development of new chemical reactions and methodologies.