Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nicotinic acetylcholine receptor modulators. It serves as a building block for compounds targeting neurological disorders such as Alzheimer's and Parkinson's diseases. Its reactive chloromethyl group allows for easy alkylation, making it valuable in medicinal chemistry for creating diverse analogs. Also employed in agrochemical research for designing novel pesticides with improved selectivity and efficacy.