Used primarily as an intermediate in organic synthesis, especially in the production of pharmaceuticals and fine chemicals. It serves as a building block in the preparation of more complex molecules due to the presence of both methoxy and ketone functional groups, which allow for various chemical transformations. Commonly employed in the synthesis of flavonoids and other biologically active compounds. Also finds use in the development of photoinitiators for UV-curable coatings and resins, where it contributes to efficient radical generation upon light exposure. Its aromatic structure and reactivity make it suitable for research in medicinal chemistry and materials science.