This compound is primarily used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Its stereospecific structure makes it valuable for creating enantiomerically pure compounds, which are essential in drug development to ensure efficacy and reduce side effects. Additionally, it serves as a key intermediate in the synthesis of complex molecules, such as ligands for asymmetric catalysis, enhancing the selectivity and efficiency of chemical reactions. Its application extends to the development of advanced materials, where its rigid cyclohexane backbone contributes to the stability and performance of polymers and resins.