This chemical is primarily utilized in the synthesis of various pharmaceutical compounds, particularly as an intermediate in the production of active pharmaceutical ingredients (APIs). It plays a crucial role in the development of drugs targeting specific biological pathways, such as anti-inflammatory and anti-cancer agents. Additionally, it is employed in organic chemistry research for constructing complex molecular structures due to its reactive chloromethyl group, which facilitates further functionalization. Its application extends to agrochemicals, where it serves as a building block for creating pesticides and herbicides with enhanced efficacy. The compound’s versatility makes it valuable in diverse industrial and scientific contexts.