This chemical is primarily used in the field of molecular encapsulation and drug delivery systems. Its unique structure allows it to form inclusion complexes with various guest molecules, enhancing their solubility, stability, and bioavailability. It is particularly effective in pharmaceutical applications, where it can improve the delivery of poorly water-soluble drugs, ensuring better absorption and therapeutic efficacy. Additionally, it finds use in analytical chemistry as a chiral selector for separating enantiomers in chromatography. Its ability to interact with specific molecules also makes it valuable in environmental science for the removal of pollutants and in the food industry for stabilizing flavors and fragrances.