This chemical is primarily used in the synthesis of chiral compounds, particularly in the production of pharmaceuticals and agrochemicals. Its isocyanate group allows it to react with amines, alcohols, and other nucleophiles, making it a valuable building block for creating complex molecules with specific stereochemistry. It is often employed in the development of active pharmaceutical ingredients (APIs) where the stereochemical configuration is crucial for biological activity. Additionally, it serves as a key intermediate in the preparation of chiral ligands and catalysts used in asymmetric synthesis, enhancing the efficiency and selectivity of chemical reactions. Its application is also seen in the field of polymer chemistry, where it contributes to the creation of specialized polymers with tailored properties.