This chemical is primarily used as a chiral building block in organic synthesis, particularly in the production of complex molecules with specific stereochemistry. It serves as a key intermediate in the synthesis of pharmaceuticals, where precise control over molecular structure is critical. Its methoxymethoxy-protected diol groups make it valuable in multi-step synthetic processes, allowing selective deprotection and functionalization. Additionally, it finds application in the development of specialty chemicals and fine chemicals, where its stereospecificity enhances the efficiency of synthetic routes. Its utility extends to research in asymmetric synthesis, aiding in the creation of enantiomerically pure compounds for various industrial and academic purposes.