This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of complex organic compounds, particularly in the pharmaceutical industry, where it serves as a building block for the development of active pharmaceutical ingredients (APIs). Its structure, featuring both a benzoate ester and a dioxane ring, makes it valuable for creating molecules with specific functional groups and stereochemistry. Additionally, it is used in research and development for designing and testing new chemical entities, especially in the fields of medicinal chemistry and material science. Its stability and reactivity also make it suitable for use in polymer chemistry and the synthesis of specialty chemicals.