2-(Hydroxymethyl)benzoic acid is primarily used in the synthesis of various organic compounds, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs) and other biologically active molecules. Its hydroxyl and carboxyl functional groups make it a versatile building block for creating complex chemical structures.

In addition to pharmaceuticals, this compound is utilized in the development of specialty chemicals, including polymers and resins. It can act as a monomer or a cross-linking agent, contributing to the enhancement of material properties such as durability and stability.

Furthermore, it finds application in the field of agrochemicals, where it is used to synthesize herbicides, fungicides, and other crop protection agents. Its chemical structure allows for the creation of compounds that are effective in controlling pests and diseases in agriculture.

Overall, 2-(Hydroxymethyl)benzoic acid plays a significant role in advancing research and development across multiple industries, particularly in the creation of innovative and effective chemical products.