This chemical is primarily utilized in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its structure allows it to act as a building block in the creation of more complex molecules, particularly those requiring a phenyl and chloroethoxy group. It is also employed in the development of specialty chemicals, where its unique reactivity can be harnessed for specific transformations. Additionally, it finds use in research and development settings for exploring new chemical reactions and pathways.