Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of non-steroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for functional modifications that enhance drug potency and selectivity. Also employed in the preparation of liquid crystal materials due to its rigid aromatic framework, contributing to thermal and chemical stability in display technologies. Additionally, it serves as a building block in agrochemicals for creating herbicides and fungicides with improved environmental profiles.