This chemical is primarily used as an intermediate in the synthesis of various organic compounds. It finds application in the production of dyes and pigments, where its structure allows for the creation of vibrant and stable colors. Additionally, it is utilized in the development of certain pharmaceuticals, particularly those requiring specific aldehyde functionalities for biological activity. In the field of agrochemicals, it serves as a building block for the synthesis of herbicides and pesticides, contributing to effective crop protection. Its unique properties also make it valuable in research and development for creating novel materials with potential industrial applications.