Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a building block for introducing the 2-propoxybenzyl functionality into more complex molecules. Commonly employed in the development of active ingredients in crop protection agents and in the synthesis of certain analgesics and anti-inflammatory compounds. Its reactivity allows for coupling reactions in the formation of ethers and other functionalized aromatic compounds. Also utilized in research settings for the preparation of liquid crystals and specialty polymers.