Used in organic synthesis as an intermediate for pharmaceuticals and fine chemicals. Serves as a building block in the preparation of biologically active compounds, particularly in the development of anti-inflammatory and analgesic agents. Its α,β-unsaturated ester structure allows participation in Michael addition reactions, making it valuable in constructing complex molecules. Also employed in the synthesis of fragrances and flavoring agents due to its aromatic profile. Common in research settings for developing novel heterocyclic compounds.