This chemical is primarily utilized in the field of organic synthesis, where it serves as a chiral building block for the construction of complex molecular structures. Its unique stereochemistry makes it valuable for creating enantiomerically pure compounds, which are essential in the development of pharmaceuticals, particularly for drugs that require high specificity and activity. Additionally, it is employed in asymmetric catalysis, enhancing the efficiency and selectivity of chemical reactions. The compound is also explored in material science for designing advanced polymers with tailored properties, such as improved stability or specific optical characteristics. Its application extends to the synthesis of ligands used in coordination chemistry, aiding in the development of catalysts for industrial processes.