Used primarily in the synthesis of pharmaceuticals, particularly in the development of chiral compounds. It serves as a key intermediate in the production of antibiotics and antifungal agents. Also employed in the creation of polymers and coatings, enhancing their durability and resistance to environmental factors. In organic chemistry, it acts as a versatile building block for constructing complex molecules with potential biological activity. Additionally, it finds application in the research and development of new materials with specific mechanical and chemical properties.