Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure allows for the introduction of the chloromethyl group into more complex molecules, enabling the development of compounds with potential therapeutic properties. It is particularly valuable in the synthesis of antimalarial drugs and other bioactive quinoline derivatives. Additionally, it finds application in the research and development of new materials, including dyes and polymers, due to its reactivity and versatility in chemical reactions.