This chemical is primarily used in peptide synthesis, particularly in the protection of hydroxyl groups during the formation of peptide bonds. It serves as a key intermediate in the production of complex peptides, ensuring specific amino acids remain unaffected by reactions targeting other parts of the molecule. Its application is crucial in pharmaceutical research and development, where precise peptide sequences are required for drug discovery and therapeutic agents. Additionally, it is utilized in biochemical studies to investigate protein structure and function, aiding in the understanding of biological processes.