Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its structure allows for functional group transformations, making it valuable in constructing more complex molecules. It is also employed in the development of specialty chemicals where chlorinated aromatic ketones are required. Due to the presence of both carbonyl and ether functionalities, it participates in condensation and nucleophilic addition reactions, useful in laboratory-scale synthesis of bioactive compounds.