Used as an intermediate in the synthesis of pharmaceuticals and fine chemicals, particularly in the preparation of fragrances and flavoring agents due to its aromatic character. It serves as a building block in organic synthesis, especially in the development of protected alcohols and ethers. Commonly employed in the production of agrochemicals and dyes, it also finds use in research laboratories for modifying molecular structures where a methoxy-substituted benzyl group is needed. Its stability and reactivity make it suitable for coupling reactions and in the creation of more complex organic molecules.