Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of pharmaceuticals and agrochemicals. Its methoxy and amine functional groups make it valuable for constructing complex molecules, particularly in the development of drugs targeting neurological disorders. Additionally, it finds application in the synthesis of specialty chemicals, including dyes and polymers, where its structural properties enhance stability and reactivity. In research, it is employed to study reaction mechanisms and develop novel synthetic pathways.