Used as a key intermediate in the synthesis of cyclic sulfate esters, which are valuable reagents in organic chemistry for ring-opening reactions and polymerization processes. Its strained ring structure enables selective transformations, particularly in the preparation of functionalized alcohols and diols. Commonly employed in the development of biodegradable polymers and specialty chemicals due to its reactivity and ability to introduce sulfate functionalities under mild conditions. Also finds use in electrochemical applications, such as electrolyte additives for lithium-ion batteries, where it contributes to improved stability and performance.