This chemical is primarily used in organic synthesis, particularly as a chiral building block or intermediate in the production of complex molecules. It is often employed in asymmetric synthesis to create enantiomerically pure compounds, which are crucial in the development of pharmaceuticals, agrochemicals, and fine chemicals. Its structure allows it to act as a chiral auxiliary or ligand in catalytic reactions, enhancing the stereoselectivity of the process. Additionally, it is utilized in the synthesis of natural products and bioactive compounds, where precise control over stereochemistry is essential. Its application is also seen in the preparation of specialty chemicals and advanced materials that require high levels of chiral purity.