Used as a protective group in organic synthesis, particularly for hydroxyl groups in complex molecule construction. It helps stabilize sensitive compounds during chemical reactions, ensuring selective transformations. Its application is common in pharmaceutical research, where it aids in the synthesis of active pharmaceutical ingredients (APIs) by preventing unwanted side reactions. Additionally, it serves as an intermediate in the production of specialty chemicals, contributing to the development of polymers, coatings, and advanced materials. Its hydrolytic stability makes it suitable for controlled release applications in drug delivery systems.