Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. Its functional groups make it suitable for use in methylation reactions and as a building block in the synthesis of more complex aromatic compounds. Commonly applied in research settings for developing photoinitiators and UV-absorbing compounds due to its aromatic ketone structure. Also utilized in the preparation of fragrances and flavoring agents where methoxy-substituted acetophenone derivatives are required.