Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of local anesthetics and anti-inflammatory agents. It serves as a building block in organic reactions where an amino-functionalized aromatic ester is required. Its structure allows for easy modification through acylation, alkylation, or diazotization, making it valuable in drug development and fine chemical manufacturing. Also employed in the preparation of dyes and UV-absorbing compounds due to its aromatic and ester characteristics.