This chemical is primarily used as an intermediate in the synthesis of various pharmaceuticals and agrochemicals. Its chloromethyl group makes it a versatile building block for creating more complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the production of pesticides and herbicides, where its structural properties contribute to the efficacy of the final product. Additionally, it finds use in organic synthesis for constructing heterocyclic compounds, which are valuable in medicinal chemistry and material science.