Used as a key intermediate in organic synthesis, particularly in the pharmaceutical and fragrance industries. It serves as a building block for the preparation of complex molecules due to its reactive aldehyde and acetal functionalities. Commonly employed in the synthesis of heterocyclic compounds and bioactive molecules, it enables the introduction of benzyloxyalkyl groups in medicinal chemistry. Its stability under various reaction conditions makes it valuable in multi-step synthetic routes, especially in the development of active pharmaceutical ingredients (APIs) and fine chemicals.