Used in organic synthesis as a versatile intermediate for constructing complex molecular structures, particularly in pharmaceuticals and agrochemicals. It serves as a key building block in the development of cyclobutane-containing compounds, which are valuable in drug discovery due to their unique ring strain and reactivity. The benzyloxymethyl group provides protection for sensitive functional groups during multi-step reactions, enabling precise control over synthetic pathways. Additionally, it is employed in the preparation of bioactive molecules, including potential therapeutic agents targeting neurological disorders and inflammation. Its application extends to materials science, where it aids in the creation of novel polymers with tailored properties.