Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs). It is commonly employed in peptide chemistry for the protection of amine groups during complex organic reactions. Its stability and ease of deprotection make it valuable in the production of heterocyclic compounds and bioactive molecules. Additionally, it finds application in the preparation of agrochemicals and fine chemicals, where precise control over molecular structure is essential. Its versatility in organic synthesis contributes to its use in research and industrial-scale manufacturing processes.