Used as a chiral derivatizing agent in the synthesis of enantiomerically pure compounds, particularly in the pharmaceutical industry for the separation and analysis of enantiomers. It is also employed in the preparation of sulfonamide derivatives, which are crucial intermediates in drug development. Additionally, it serves as a reagent in organic synthesis for the introduction of the camphorsulfonyl group, aiding in the study of stereochemistry and reaction mechanisms. Its application extends to the field of asymmetric catalysis, where it helps in creating chiral environments for selective chemical reactions.