Used primarily as an intermediate in the synthesis of agricultural chemicals, particularly herbicides and plant growth regulators. It plays a key role in the production of certain auxin-type herbicides that target broadleaf weeds by disrupting their normal growth processes. Due to its reactive functional groups, it is also utilized in organic synthesis for constructing more complex molecules in agrochemical research. Its ester and carbonyl groups allow for further chemical modifications, making it valuable in developing active ingredients for crop protection products.