This compound is primarily utilized in the field of organic synthesis, particularly as a chiral building block or intermediate. Its structure, featuring a piperidine ring with a methoxymethyl group, makes it valuable for constructing more complex molecules, especially in the development of pharmaceuticals. It is often employed in asymmetric synthesis to introduce chirality into target compounds, which is crucial for creating enantiomerically pure drugs. Additionally, it can serve as a ligand or catalyst in certain chemical reactions, enhancing selectivity and efficiency. Its application is also explored in medicinal chemistry for designing compounds with potential biological activity, such as central nervous system (CNS) agents or receptor modulators.