Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and fine chemicals. It is particularly valuable in the synthesis of complex molecules due to its reactive ester and ketone functional groups. In medicinal chemistry, it is employed to develop potential drug candidates, especially those targeting neurological and cardiovascular diseases. Additionally, it finds use in the preparation of agrochemicals, contributing to the development of pesticides and herbicides. Its trimethoxybenzoyl moiety also makes it a useful building block in the creation of dyes and pigments for industrial applications.