This chemical is primarily utilized in organic synthesis as a key intermediate for the production of various pharmaceuticals and fine chemicals. It is particularly valuable in the synthesis of compounds with potential biological activities, such as anti-inflammatory and antimicrobial agents. Its formyl and methoxy functional groups make it a versatile building block for constructing complex molecules. Additionally, it is employed in the development of novel materials, including polymers and coatings, where its reactive groups enable modifications to enhance specific properties. Its applications also extend to research settings, where it is used to study chemical reactions and develop new synthetic methodologies.