This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. Its structure allows it to be a key building block in the production of herbicides and plant growth regulators, particularly those targeting broadleaf weeds. Additionally, it finds application in the development of certain active pharmaceutical ingredients (APIs) due to its aromatic and functional group properties, which are valuable in drug design. Its role in organic synthesis often involves further chemical modifications to create more complex molecules with specific biological activities.