This compound is primarily utilized in the pharmaceutical industry as a chiral building block for the synthesis of various active pharmaceutical ingredients (APIs). Its chiral nature makes it valuable in the production of enantiomerically pure drugs, particularly those targeting the central nervous system. It is also employed in the development of agrochemicals, where its structure contributes to the creation of pesticides and herbicides with enhanced efficacy and selectivity. Additionally, it serves as an intermediate in organic synthesis, enabling the preparation of complex molecules for research and industrial applications.