This compound is primarily utilized in organic synthesis and pharmaceutical research as an intermediate. It plays a role in the development of bioactive molecules, particularly in the synthesis of piperidine derivatives, which are important in medicinal chemistry. Its structure, featuring a piperidine ring and a methoxybenzoyl group, makes it valuable for constructing compounds with potential therapeutic applications, such as CNS-targeting drugs or enzyme inhibitors. Additionally, it may be used in the preparation of ligands for receptor studies or as a building block in the synthesis of complex organic molecules.