This chemical is primarily utilized in the synthesis of complex carbohydrates and glycoconjugates. It serves as a key intermediate in the preparation of thioglycosides, which are essential in glycosylation reactions. These reactions are fundamental in the production of oligosaccharides and glycoproteins, which have significant applications in biochemical research and pharmaceutical development. Additionally, it is used in the study of enzymatic processes and the development of glycosidase inhibitors, which are important in treating various metabolic disorders. Its acetylated form provides protection for reactive hydroxyl groups, ensuring selective reactivity in synthetic pathways.