This compound is primarily utilized in the field of organic synthesis, particularly as a chiral auxiliary or building block in the preparation of complex molecules. Its unique structure, featuring a naphthalene dicarboximide group fused to a cyclohexane ring, makes it valuable for inducing stereoselectivity in asymmetric reactions. It is often employed in the synthesis of pharmaceuticals, where precise control over stereochemistry is crucial for the biological activity of the final product. Additionally, it can be used in the development of advanced materials, such as liquid crystals or polymers, where its rigid and planar naphthalene moiety contributes to desirable physical properties. Its carboxylic acid group further allows for functionalization or conjugation with other molecules, enhancing its versatility in various chemical applications.