Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of antimalarial and anti-inflammatory drugs. Serves in the manufacture of agrochemicals, including herbicides and insecticides, due to its reactivity in building complex organic molecules. Employed in dye and pigment formulations for enhancing color stability and reactivity. Acts as a solvent and modifier in coatings, adhesives, and resins, improving flexibility and curing properties. Commonly used in organic synthesis for condensation reactions, such as the Knoevenagel and Claisen reactions, enabling the formation of carbon-carbon bonds. Also utilized in the preparation of flavor and fragrance compounds in the food and cosmetic industries.