This chemical is primarily used as a reagent in organic synthesis, particularly in the formation of enolates and silyl enol ethers. It serves as a key intermediate in the production of various pharmaceuticals and fine chemicals. Its ability to act as a protecting group for carbonyl compounds makes it valuable in multi-step synthetic processes. Additionally, it is employed in the synthesis of complex molecules, including natural products and bioactive compounds, due to its stability and reactivity under controlled conditions.