Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for anti-inflammatory and analgesic drugs. It serves as a building block in organic reactions, especially in the development of agrochemicals such as herbicides and fungicides. Its structure allows for functionalization in multi-step syntheses, making it valuable in the preparation of dyes, fragrances, and specialty chemicals. Commonly employed in condensation reactions to form carbon-carbon bonds, it contributes to the creation of more complex aromatic compounds used in research and industrial applications.