Used in organic synthesis as a chiral building block for the preparation of complex natural products and pharmaceuticals. Its acrylate functionality allows for Michael additions and cycloaddition reactions, while the dioxolane ring serves as a protected form of a 1,2-diol, enabling further selective transformations. Commonly employed in asymmetric synthesis to introduce stereocenters, especially in the development of bioactive molecules and fragrance intermediates. The ethyl ester group can be hydrolyzed or reduced, offering additional versatility in synthetic routes.