This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex compounds. It is often employed in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs) due to its reactive aldehyde and bromo functional groups, which allow for further chemical modifications. Additionally, it serves as a building block in the synthesis of agrochemicals, particularly in the creation of pesticides and herbicides. Its benzyloxy group also makes it a valuable precursor in the synthesis of fine chemicals and specialty materials, including dyes and polymers. Researchers may use it in the study of organic reactions and mechanisms, particularly in the context of electrophilic aromatic substitution and cross-coupling reactions.