Used primarily as an intermediate in organic synthesis, especially in the pharmaceutical and agrochemical industries. It serves as a building block for the preparation of substituted benzylamines and other nitrogen-containing compounds. Its reactivity allows for the introduction of the dimethoxybenzyl group in the synthesis of bioactive molecules, including potential drug candidates. Commonly employed in the development of serotonin receptor ligands and psychedelic research compounds due to the structural similarity to known active agents. Also utilized in the manufacture of specialty chemicals requiring selective protection or functionalization steps.