This chemical is primarily used in organic synthesis and pharmaceutical research. It serves as an intermediate in the development of complex organic compounds, particularly in the synthesis of bioactive molecules. Its structure, featuring benzyloxy groups, makes it valuable for constructing frameworks in medicinal chemistry, especially for designing potential drug candidates. Additionally, it can be utilized in the preparation of specialty chemicals and fine chemicals, where specific functional groups are required for targeted applications. Its role in research often involves studying reaction mechanisms or developing novel synthetic pathways.