This compound is primarily utilized in organic synthesis as a chiral building block for the preparation of complex molecules. Its structure, featuring a chloro and an ester group, makes it a valuable intermediate in the synthesis of pharmaceuticals, particularly in the development of enantiomerically pure drugs. It is often employed in asymmetric synthesis to introduce chirality into target molecules, which is crucial for the biological activity of many therapeutic agents. Additionally, it can be used in the production of fine chemicals and agrochemicals, where precise stereochemistry is essential for efficacy. Its reactivity also allows for further functionalization, enabling the creation of diverse chemical entities for research and industrial applications.