This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and fine chemicals. It plays a role in the production of chiral compounds, particularly in the development of drugs where stereochemistry is crucial for biological activity. Additionally, it is employed in the manufacture of agrochemicals, such as herbicides and pesticides, where its specific structure contributes to the effectiveness of the final product. In industrial applications, it can also serve as a solvent or reagent in organic synthesis processes, aiding in the creation of complex molecules. Its chiral nature makes it valuable in research and development for creating enantiomerically pure substances.