This compound is primarily utilized in the field of organic synthesis, where it serves as an intermediate in the production of more complex molecules. Its unique structure, featuring both a cyclohexyl acetate group and a phthalimide moiety, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. Additionally, it is employed in research settings to study stereochemistry and reaction mechanisms due to its chiral centers, which can influence the outcome of chemical reactions. In material science, it may be used to modify polymers or create specialized coatings, leveraging its functional groups to impart specific properties to the final product.