Used primarily as a chemical intermediate in organic synthesis, this compound serves in the development of pharmaceuticals and biologically active molecules. Its structure allows for functionalization in multi-step reactions, particularly in the creation of nitrogen-containing heterocycles. It is also employed in research settings to explore new synthetic pathways and to build complex molecular frameworks. Due to the reactivity of the cyclohexenyl and piperidine moieties, it can participate in cyclization, addition, and substitution reactions, making it valuable in medicinal chemistry for designing novel compounds with potential neurological or receptor-targeted activity.