Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. It is particularly valuable in the synthesis of amino acids and other nitrogen-containing compounds. Its reactivity makes it suitable for use in the development of specialty chemicals. Additionally, it plays a role in the preparation of chiral catalysts and ligands for asymmetric synthesis. Its applications extend to research laboratories, where it is utilized in the study of reaction mechanisms and the development of novel chemical processes.