Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive compounds. It serves as a building block in organic reactions where chloro and hydroxyl functional groups allow for further chemical modifications. Commonly employed in the development of agrochemicals and dyes due to its reactive aromatic structure. Its ketone group facilitates condensation and nucleophilic addition reactions, making it valuable in fine chemical synthesis.