This chemical is widely used as a chiral auxiliary in organic synthesis, particularly in asymmetric reactions. It helps in the formation of enantiomerically pure compounds, which are crucial in the development of pharmaceuticals. It is often employed in the synthesis of complex molecules, such as natural products and active pharmaceutical ingredients (APIs). Additionally, it is utilized in the preparation of intermediates for agrochemicals and fine chemicals, where stereochemical control is essential. Its role in enhancing the selectivity and efficiency of chemical reactions makes it a valuable tool in synthetic organic chemistry.