Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure is particularly valuable in constructing complex molecules, especially those involving dioxin rings, which are prevalent in active drug ingredients. Additionally, it finds application in the development of dyes and pigments, where its unique chemical framework contributes to the stability and color properties of the final product. In research settings, it is utilized to study the environmental fate and behavior of dioxin-like compounds, aiding in the assessment of their impact and the development of mitigation strategies.