Used primarily as an intermediate in the synthesis of various industrial chemicals, especially in the production of styrene glycol and other derivatives used in resins and polymers. Plays a role in the manufacture of adhesives, coatings, and sealants due to its reactivity with other functional groups. Employed in the preparation of fine chemicals and pharmaceuticals where epoxide ring-opening reactions are required. Also utilized in small-scale applications for modifying polymers and in research settings for synthesizing specialty compounds.