This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of various pharmaceutical compounds, particularly those requiring the introduction of a cyano group or a specific unsaturated carboxylic acid structure. Its unique structure makes it valuable in the development of active pharmaceutical ingredients (APIs) and fine chemicals. Additionally, it can be used in the synthesis of agrochemicals, where its reactivity and functional groups contribute to the creation of effective crop protection agents. The compound’s stability and reactivity also make it suitable for use in research and development, particularly in the exploration of novel chemical reactions and pathways.