This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs) due to its unique stereochemistry, which can influence the biological activity of the final product. Additionally, it is employed in the development of fragrances and flavors, where its structural properties contribute to the creation of specific olfactory profiles. In research, it is often used in asymmetric synthesis and catalytic reactions to study stereoselective transformations. Its versatility makes it a valuable component in the development of novel materials and fine chemicals.