Used as a key intermediate in the synthesis of agrochemicals and pharmaceuticals, particularly in the production of herbicides and fungicides. Its structure allows for selective functionalization, making it valuable in creating active ingredients with high efficacy and environmental safety. Also employed in the development of fluorinated organic compounds where the aldehyde group enables further chemical modifications through condensation or reduction reactions. Commonly utilized in research laboratories for designing novel compounds in medicinal chemistry due to its reactivity and stability under various reaction conditions.