Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of analgesic and anti-inflammatory drugs. Its structure provides a rigid cyclohexane backbone with a phenyl group, making it valuable in drug design for enhancing metabolic stability and binding affinity. Also employed in the development of chiral ligands and catalysts for asymmetric synthesis. Additionally, it finds use in the preparation of specialty polymers and liquid crystal compounds due to its unique stereochemistry and thermal properties.