This chemical is primarily utilized in organic synthesis as a reagent or intermediate. It is particularly valuable in the preparation of sulfonamide derivatives, which are crucial in the development of pharmaceuticals and agrochemicals. The compound's structure allows it to act as a protecting group for amines during complex synthetic processes, ensuring selective reactions. Additionally, it is employed in the synthesis of bioactive molecules, contributing to the discovery of new drugs and therapeutic agents. Its stability and reactivity make it a versatile tool in medicinal chemistry and research laboratories.