Used in organic synthesis as a building block for more complex molecules, particularly in pharmaceutical research. It serves as an intermediate in the production of various drugs, including those targeting neurological and cardiovascular diseases. Its aldehyde group makes it reactive, enabling the formation of bonds with other compounds, which is valuable in creating novel therapeutic agents. Additionally, it is utilized in the development of agrochemicals, contributing to the synthesis of pesticides and herbicides. Its role in chemical research extends to material science, where it aids in the creation of advanced polymers and coatings.