Used primarily as an intermediate in organic synthesis, especially in the production of pharmaceuticals and fine chemicals. Its epoxide ring allows for selective ring-opening reactions, enabling the introduction of functional groups in a controlled manner. Commonly employed in the synthesis of active pharmaceutical ingredients (APIs), where it serves as a building block for more complex molecules. Also utilized in the development of agrochemicals and specialty polymers due to its reactivity and structural properties. Its aromatic methyl group enhances electron density, influencing regioselectivity in reactions.