This chemical is primarily used in organic synthesis as a reagent for introducing the 2-methoxybenzyl group into various compounds. It is particularly valuable in cross-coupling reactions, such as Negishi coupling, where it facilitates the formation of carbon-carbon bonds. This makes it useful in the synthesis of complex organic molecules, including pharmaceuticals and fine chemicals. Additionally, it can be employed in the preparation of intermediates for drug development, where the 2-methoxybenzyl moiety is a key structural component. Its reactivity with a range of electrophiles allows for versatile applications in constructing diverse molecular frameworks.