Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, it plays a key role in the development of herbicides, particularly those targeting broadleaf weeds. Its structure is valuable in creating compounds that inhibit specific enzymes or pathways in plants, enhancing crop protection. Additionally, it is utilized in research for designing molecules with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Its methoxyethoxy group contributes to improved solubility and bioavailability in various formulations.