Used primarily as an intermediate in the synthesis of pharmaceuticals, fine chemicals, and UV absorbers for sunscreens. It serves as a building block in the preparation of anti-inflammatory agents, other bioactive molecules, and photoactive materials. Its structure allows for further functionalization, making it valuable in medicinal chemistry research and photochemistry. Also employed in the development of liquid crystal materials, organic semiconductors, and light-sensitive polymers due to its aromatic, ester functionalities, and strong UV absorption properties.