Widely used in the synthesis of fine chemicals and pharmaceuticals, this compound serves as a key intermediate in the production of agrochemicals and active pharmaceutical ingredients. Its functional group and substituted aromatic structure make it suitable for coupling reactions and nucleophilic substitutions, particularly in the development of herbicides and fungicides. It is also employed in fragrance chemistry due to its aromatic stability and reactivity, enabling the creation of complex odor molecules in perfumery. In research, it acts as a building block for constructing more complex organic molecules, especially in medicinal chemistry for designing novel drug candidates.