This chemical is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and fine chemicals. Its structure, featuring both ester and carboxylic acid functional groups, makes it a versatile building block for constructing complex molecules. It is often employed in the synthesis of cyclohexane-based compounds, which are key components in drugs targeting neurological and cardiovascular disorders. Additionally, it serves as a precursor in the development of chiral catalysts and ligands, which are crucial in asymmetric synthesis. Its application extends to the field of agrochemicals, where it is used to create active ingredients for crop protection products.