Used as a chiral building block in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Its epoxide functionality allows for ring-opening reactions with nucleophiles, enabling the formation of complex chiral molecules. Commonly employed in the synthesis of beta-blockers and other cardiovascular drugs due to its ability to introduce stereochemical control. Also utilized in the preparation of chiral polymers and as a modifier in epoxy resin systems to enhance thermal and mechanical properties.