Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows it to act as a building block for creating more complex molecules, particularly those with potential biological activity. In medicinal chemistry, it is explored for its role in developing anti-inflammatory and analgesic agents due to its benzoic acid moiety, which is often associated with therapeutic properties. Additionally, it is utilized in research for designing new materials and coatings, leveraging its ability to form stable derivatives. Its chlorobenzyl group also makes it a candidate for studies in pesticide and herbicide formulations, where such structures are commonly effective.