This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its reactive chloromethyl group makes it valuable for introducing functional groups into complex molecules. It is also employed in the development of polymers and resins, where it acts as a cross-linking agent to enhance material properties. Additionally, it finds use in the synthesis of specialty chemicals, such as surfactants and coatings, due to its ability to modify surface characteristics. Its versatile nature allows it to play a role in creating compounds with specific industrial or biological activities.