This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical structures. It plays a role in the development of pharmaceuticals, where it can be used to create active ingredients with potential therapeutic effects. Additionally, it finds application in the synthesis of specialty chemicals, including agrochemicals and dyes, due to its unique cyclohexyl structure that can impart specific properties to the final product. Its reactivity and structural features make it valuable in research and industrial processes aimed at developing new materials and compounds.