Used in the synthesis of chiral compounds, particularly in pharmaceuticals where enantiomeric purity is crucial. It serves as a building block in the production of active pharmaceutical ingredients (APIs) targeting specific biological pathways. Also employed in the development of liquid crystals for display technologies, enhancing performance and stability. In organic chemistry, it acts as a solvent or intermediate in reactions requiring controlled stereochemistry. Additionally, it finds use in the formulation of specialty chemicals for coatings and adhesives, improving their properties and application efficiency.