This chemical is primarily used as an intermediate in the synthesis of various organic compounds, particularly in the pharmaceutical and agrochemical industries. It serves as a key building block in the production of active pharmaceutical ingredients (APIs) and crop protection agents. Additionally, it is utilized in the development of dyes and pigments due to its reactive aldehyde group, which allows for further chemical modifications. Its applications also extend to research and development, where it is employed in the creation of novel chemical entities for testing and experimentation.