Used primarily as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for ester and ketone-based compounds due to its active methylene group, enabling condensation reactions. Commonly employed in the preparation of heterocyclic compounds and flavor & fragrance molecules, it contributes to the development of complex esters with fruity or sweet notes used in perfumery and food additives. Its reactivity also makes it suitable for use in Michael additions and alkylation processes in research and industrial settings.