Used as an intermediate in the synthesis of various organic compounds, particularly in the production of fragrances and flavors due to its aromatic properties. It is also employed in the manufacturing of pharmaceuticals, where it serves as a building block for active ingredients. Additionally, it finds application in the development of specialty chemicals, including resins and polymers, where its structure contributes to desired properties like stability and reactivity. In agrochemicals, it is utilized in the formulation of pesticides and herbicides. Its versatility makes it valuable in research and industrial processes requiring tailored chemical functionalities.