Used primarily in organic synthesis, this compound serves as an intermediate in the production of various pharmaceuticals and fine chemicals. It is particularly valuable in the synthesis of complex molecules due to its trimethoxybenzyl group, which can act as a protecting group for alcohols during multi-step reactions. Additionally, it finds application in the development of certain drugs, including those targeting the central nervous system, where its structural properties contribute to the desired biological activity. Its role in the creation of specialty chemicals for research and industrial processes further highlights its versatility.