Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for further functionalization, making it valuable in building complex aromatic compounds. Commonly employed in organic synthesis to introduce substituted benzene rings with specific electron-donating or withdrawing groups. Also utilized in the development of agrochemicals and dyes due to its reactive amino and ester functionalities.