Used in organic synthesis to introduce the benzoyl group into various compounds, facilitating the production of pharmaceuticals, agrochemicals, and specialty chemicals. It serves as a key intermediate in the preparation of benzoyl urea derivatives, which are effective insecticides and herbicides. Additionally, it is employed in the modification of polymers to enhance their properties, such as thermal stability and chemical resistance. In the pharmaceutical industry, it aids in the synthesis of active pharmaceutical ingredients (APIs) by enabling the formation of amide bonds. Its reactivity with amines and alcohols makes it valuable for creating complex molecules in research and industrial applications.