Used as a versatile intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It serves as a key building block for creating complex molecules due to its reactive ketal group. In the pharmaceutical industry, it is employed in the synthesis of active pharmaceutical ingredients (APIs) and drug candidates. Additionally, it finds application in the development of specialty chemicals, such as flavors, fragrances, and agrochemicals. Its stability and reactivity make it suitable for use in controlled reactions, enabling the creation of high-purity compounds.