Used primarily as a monomer in the production of specialty polyesters and polyamides, enabling the synthesis of high-performance polymers with enhanced thermal and mechanical properties. It serves in the development of coatings, adhesives, and engineering plastics due to its ability to impart flexibility and durability. Also utilized in controlled-release formulations in agrochemicals and pharmaceuticals, where its ester groups allow for gradual hydrolysis and sustained delivery. Additionally, it acts as an intermediate in organic synthesis for fragrances and plasticizers, contributing to improved solubility and stability in final products.