Used as a key intermediate in the synthesis of agrochemicals, particularly herbicides and insecticides, due to its ability to enhance selectivity and biological activity. Its structure supports the development of compounds with improved environmental stability and target specificity. Also employed in pharmaceutical research for building nitrogen-containing heterocyclic systems, especially in the design of kinase inhibitors and antimicrobial agents. The amine and methoxy groups allow for easy functionalization, making it valuable in combinatorial chemistry and drug discovery.