This chemical is primarily utilized in the synthesis of pharmaceutical compounds, particularly nonsteroidal anti-inflammatory drugs (NSAIDs). It serves as a key intermediate in the production of ibuprofen, a widely used medication for pain relief, inflammation reduction, and fever management. Additionally, it finds application in organic chemistry research for the development of novel therapeutic agents and as a building block in the synthesis of other complex molecules. Its role in industrial processes is significant, contributing to the efficient and scalable production of active pharmaceutical ingredients (APIs).