This chemical 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 ligand in asymmetric catalysis, enhancing the selectivity and efficiency of chemical reactions. In the agrochemical industry, it is employed in the synthesis of pesticides and herbicides with improved activity and specificity. Its applications also extend to the field of material science, where it is used in the development of advanced polymers and coatings with tailored properties.