Used primarily in organic synthesis as a protective group for amines, it helps in the selective modification of complex molecules. This chemical is particularly valuable in the pharmaceutical industry for the development of drug intermediates, where it ensures the stability and reactivity of sensitive functional groups during multi-step reactions. Additionally, it finds application in the synthesis of bioactive compounds and agrochemicals, where precise control over molecular structure is crucial. Its role in facilitating efficient and selective chemical transformations makes it a key component in advanced research and industrial processes.