Used primarily as an intermediate in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key building block for producing active ingredients in medications, including anti-inflammatory and analgesic drugs. In agriculture, it is utilized in the development of herbicides and pesticides, contributing to crop protection. Additionally, it finds application in the fragrance and flavor industry, where it is employed to create aromatic esters for perfumes and food additives. Its versatility also extends to research and development, where it is used in chemical studies and experimental formulations.