This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. It plays a role in the production of active ingredients for medications, particularly those targeting cardiovascular and central nervous system disorders. In the agrochemical industry, it is utilized in the development of pesticides and herbicides, contributing to the creation of compounds that protect crops from pests and diseases. Its chiral nature makes it valuable in the production of enantiomerically pure substances, which are essential for ensuring the efficacy and safety of many drugs. Additionally, it is employed in organic synthesis for constructing complex molecules in research and industrial settings.