This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It plays a role in the synthesis of complex molecules due to its functional groups, which allow for further modifications. The tert-butoxycarbonyl (Boc) group acts as a protecting group in multi-step synthetic processes, enabling selective reactions and deprotection. Its hydroxyl and carboxylic acid groups also make it versatile for forming esters, amides, or other derivatives. This compound is often utilized in the development of drug candidates, where precise control over molecular structure is critical. Additionally, it can be employed in the preparation of polymers or specialty materials that require specific functional group interactions.