This chemical is primarily utilized in organic synthesis as a building block for the preparation of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. The tert-butyl group provides steric protection, while the cyclobutyl moiety can impart unique conformational properties to the resulting molecules. It is also used in the creation of hydrazine derivatives, which are valuable intermediates in the production of agrochemicals and other fine chemicals. Additionally, its structure makes it suitable for use in peptide coupling reactions and as a reagent in the formation of heterocyclic compounds.