Used primarily in the synthesis of pharmaceuticals and organic compounds, this chemical serves as a key intermediate in the production of various drugs. It is particularly valued in the development of anti-inflammatory and analgesic medications due to its structural properties. Additionally, it finds application in the creation of specialty chemicals used in research and industrial processes, where its unique aromatic and aliphatic characteristics are leveraged. Its role in organic synthesis also extends to the production of fine chemicals and agrochemicals, contributing to advancements in medicinal and agricultural fields.