Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and fine chemicals. Its sulfonate group acts as a good leaving group, making it valuable in substitution reactions to introduce the 3-cyclohexylpropyl moiety. It is also employed in the development of functional materials where controlled molecular architecture is required. Due to the stability imparted by the cyclohexyl and tosyl groups, it is suitable for multi-step synthetic routes, especially in forming carbon-carbon or carbon-heteroatom bonds under mild conditions.