Used as a key intermediate in the synthesis of pharmaceutical agents, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for easy functionalization, making it valuable in medicinal chemistry for building complex aromatic frameworks. It is also employed in the preparation of sulfonamide-based compounds, which are important in antimicrobial and anticancer research. Additionally, it serves as a building block in agrochemicals for the design of herbicides and plant growth regulators due to its stability and reactivity profile.