Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of drugs targeting cardiovascular and neurological conditions. It is also employed in the development of organic compounds for research purposes, aiding in the study of chemical reactions and mechanisms. In the fragrance industry, it serves as a precursor for creating aromatic compounds, contributing to the formulation of perfumes and scented products. Additionally, it is utilized in the synthesis of agrochemicals, playing a role in the production of pesticides and herbicides to enhance crop protection. Its applications extend to material science, where it is used in the preparation of polymers and resins, improving their stability and performance.