Used as an intermediate in the synthesis of certain herbicides, particularly in the production of aryloxyphenoxypropionate class herbicides which are effective against grass weeds in broadleaf crops. It plays a key role in forming ester linkages that enhance herbicidal activity and selectivity. Also utilized in agrochemical research for developing plant growth regulators and improving crop protection formulations. Its derivatives exhibit good leaf absorption and systemic movement in plants, making them valuable in modern weed management strategies.