This chemical is primarily used as a key intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its ketal-protected structure makes it valuable for reactions requiring selective deprotection or controlled reactivity. It is often employed in the synthesis of complex molecules, including natural products and active pharmaceutical ingredients (APIs), where its stability and functional group compatibility are advantageous. Additionally, it serves as a building block in the development of fine chemicals and specialty materials, contributing to advancements in drug discovery and material science.