This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and fine chemicals. Its structure, featuring both a benzyloxy and a chloro substituent, makes it a versatile building block for constructing complex molecules. It is often employed in the synthesis of bioactive compounds, including potential drug candidates targeting specific receptors or enzymes. Additionally, it can be utilized in the development of agrochemicals, such as herbicides or insecticides, due to its ability to introduce specific functional groups into target molecules. Its application extends to materials science, where it may serve as a precursor for synthesizing specialized polymers or coatings with tailored properties.