This chemical is primarily utilized in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. Its functional groups, including the chloro and formyl substituents, make it a versatile building block for constructing complex molecules. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) and fine chemicals, particularly in the development of drugs targeting specific biological pathways. Additionally, it is used in research and development for creating novel compounds with potential therapeutic or agricultural applications. Its role in facilitating efficient and selective chemical transformations makes it valuable in industrial and academic laboratories.