This chemical is primarily used in organic synthesis as an intermediate for the production of more complex molecules. Its structure, featuring a benzyl-protected ethoxy group and a tert-butyl ester, makes it suitable for applications in pharmaceutical research and development. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) where controlled release or specific functional group transformations are required. Additionally, it serves as a building block in the creation of polymers and specialty chemicals, particularly in reactions where protecting groups are necessary to achieve selective modifications. Its versatility also extends to the field of material science, where it can be used to design and synthesize advanced materials with tailored properties.