Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of chiral compounds, where it acts as a building block for creating molecules with specific stereochemistry. Additionally, it finds application in the synthesis of ligands for metal catalysis, enhancing the efficiency of catalytic processes in industrial chemistry. Its hydrochloride form ensures stability and solubility, making it suitable for use in aqueous reaction environments.