Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the production of active ingredients requiring gamma-keto acid functionalities. Its structure allows for further functionalization in heterocyclic compound development, making it valuable in creating biologically active molecules. Commonly employed in research settings for developing novel compounds with potential antimicrobial or anti-inflammatory properties. Also utilized in the preparation of specialty polymers and as a building block in organic synthesis where controlled ring systems are needed.