Used primarily as an intermediate in organic synthesis, particularly in the production of chiral compounds. It is valuable in the pharmaceutical industry for the synthesis of active pharmaceutical ingredients (APIs) due to its ability to introduce epoxide functionalities, which are crucial in drug development. Additionally, it serves as a key reagent in the preparation of fine chemicals and specialty materials, enabling the creation of complex molecular structures with high stereochemical control. Its application extends to the development of polymers and coatings, where it contributes to the formation of cross-linked networks, enhancing material properties such as durability and resistance.