This chemical is primarily utilized in the synthesis of chiral compounds, particularly in the pharmaceutical industry, where it serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs). Its chiral nature makes it valuable for creating enantiomerically pure drugs, which are often more effective and have fewer side effects compared to their racemic counterparts. Additionally, it is employed in organic synthesis to construct complex molecules, especially in the development of natural products and fine chemicals. Its tetrahydrofuran moiety also makes it useful in polymer chemistry, where it can be incorporated into the backbone of specialized polymers to enhance their properties.