Used in the synthesis of pharmaceuticals, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). It plays a role in the development of compounds with potential therapeutic effects, such as anti-inflammatory or analgesic drugs.

Applied in organic chemistry research for creating complex molecules through reactions like esterification or etherification. It serves as a building block for designing and testing new chemical entities.

Employed in the fragrance and flavor industry, where it contributes to the formulation of aromatic compounds. Its structure allows it to be modified to produce specific scents or flavors for consumer products.

Utilized in material science for developing polymers or coatings with enhanced properties. Its chemical reactivity makes it suitable for modifying surfaces or creating specialized materials.

Also explored in agrochemical research for synthesizing pesticides or herbicides, where its derivatives may exhibit bioactive properties against pests or weeds.