This compound is primarily utilized in organic synthesis as a key intermediate for the development of more complex molecules. Its structure, featuring both tert-butyl and ethyl ester groups, makes it a versatile building block in the synthesis of pharmaceuticals and agrochemicals. The compound is often employed in the preparation of pyrrolidine derivatives, which are essential in the creation of various biologically active compounds. Additionally, its reactive carbonyl group allows for further functionalization, enabling chemists to tailor the molecule for specific applications in drug discovery and material science.