Used primarily as an intermediate in organic synthesis, especially in the production of pharmaceuticals and fine chemicals. It serves as a building block in the preparation of active pharmaceutical ingredients (APIs), including certain analgesics and anti-inflammatory agents. Its ketone functionality allows for versatile chemical transformations such as reductions, condensations, and Grignard reactions, making it valuable in research and development laboratories. Also employed in the synthesis of fragrances and flavoring agents due to its aromatic characteristics.