Used in organic synthesis as a key intermediate for the production of various pharmaceuticals, particularly in the development of anti-inflammatory and analgesic drugs. It serves as a precursor in the synthesis of complex molecules, including those with potential anticancer properties. Additionally, it is employed in the preparation of liquid crystal materials, which are essential for display technologies. Its formyl and carboxylic acid functional groups make it versatile for further chemical modifications, enabling its use in the creation of dyes, pigments, and other specialty chemicals.