This compound is primarily utilized in the field of organic synthesis, where it serves as a chiral building block for the preparation of more complex molecules. Its enantiomeric purity makes it valuable in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require specific stereochemistry for efficacy. Additionally, it is employed in research settings to study asymmetric synthesis and catalytic processes, aiding in the discovery of new methodologies for constructing chiral centers. Its application extends to the production of fine chemicals and intermediates used in agrochemicals and other specialty chemicals.