This chemical is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its reactive chloromethyl group allows it to serve as a building block in the creation of more complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). Additionally, it is employed in the synthesis of specialty chemicals, including dyes and fragrances, where its structural properties contribute to the desired chemical functionality. In research and development, it is often used to modify or functionalize aromatic compounds, enabling the exploration of new chemical pathways and the creation of novel compounds with potential industrial or medicinal applications.