This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It finds application in the development of pharmaceuticals, where it serves as a building block for active pharmaceutical ingredients (APIs). Additionally, it is utilized in the synthesis of agrochemicals, contributing to the creation of herbicides or pesticides. Its structure allows it to act as a protective group or a linker in chemical reactions, particularly in the formation of ethers or other functional groups. Researchers also employ it in material science for the development of specialized polymers or coatings with specific properties. Its role in these fields highlights its versatility in facilitating the synthesis of advanced materials and bioactive molecules.