This chemical is primarily used in organic synthesis as a protecting group for amines. It helps in selectively modifying specific functional groups in complex molecules without affecting other parts of the structure. It is often employed in peptide synthesis to protect the amine group of ethylenediamine, ensuring controlled reactions during the formation of peptide bonds. Additionally, it finds application in the preparation of pharmaceuticals and agrochemicals, where precise chemical modifications are critical. Its stability under various reaction conditions makes it a valuable reagent in multi-step synthetic processes.