This chemical is widely used in organic synthesis as a chiral building block for the production of pharmaceuticals, agrochemicals, 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. It is also employed as a ligand in asymmetric catalysis, enhancing the selectivity of reactions. Additionally, it serves as a precursor in the synthesis of polymers and specialty materials, where its rigid cyclohexane ring contributes to the stability and performance of the final product. In research, it is utilized to study stereochemistry and reaction mechanisms.