Used primarily in the synthesis of organic compounds, it serves as a key intermediate in the production of pharmaceuticals and agrochemicals. Its role in UV curing applications is notable, where it acts as a photoinitiator in coatings and inks, enhancing their durability and performance. Additionally, it finds use in the manufacture of specialty polymers, contributing to the development of materials with specific optical and mechanical properties. In research, it is employed to study photochemical reactions and mechanisms, aiding in the advancement of photochemistry.