Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in the development of complex molecules due to the presence of functional groups that facilitate further chemical modifications. It is also employed in the synthesis of dyes and pigments, where its benzaldehyde core contributes to the color properties of the final product. Additionally, it finds application in research settings for studying reaction mechanisms and developing new synthetic pathways.