This chemical is primarily utilized in the synthesis of complex organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of various active pharmaceutical ingredients (APIs) and drug candidates. Its structure is valuable for constructing piperidine-based frameworks, which are common in many therapeutic agents. Additionally, it is employed in asymmetric synthesis and chiral resolution processes, aiding in the development of enantiomerically pure compounds. The compound is also used in research and development for exploring new chemical reactions and pathways in organic chemistry.