It is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and fine chemicals. Its structure allows it to act as a precursor in the synthesis of complex molecules, particularly in the development of compounds with potential biological activity. Additionally, it finds application in the preparation of dyes and pigments due to its aromatic aldehyde functionality. In research, it is utilized in the study of antioxidant properties and as a building block for the development of novel chemical entities. Its role in the synthesis of natural product analogs is also noteworthy, contributing to advancements in medicinal chemistry.