Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the production of active pharmaceutical ingredients (APIs) for drugs targeting central nervous system disorders and inflammation. It serves as a building block in agrochemicals, contributing to the development of herbicides and insecticides due to its reactivity and stability in various chemical transformations. Also employed in the preparation of specialty chemicals, including ligands for catalysis and functional materials in research settings. Its chloro and methoxy functional groups allow for selective modifications, making it valuable in multi-step organic synthesis.