This compound is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals. It serves as a key intermediate in the production of herbicides, particularly those targeting broadleaf weeds in crops. Additionally, it is employed in the development of antifungal and antibacterial agents, contributing to the creation of compounds that combat microbial infections. Its role in organic synthesis extends to the preparation of heterocyclic compounds, which are essential in drug discovery and development. The aldehyde group in its structure makes it a versatile building block for constructing complex molecules with potential biological activity.