This chemical is primarily utilized in organic synthesis as a versatile intermediate. It plays a crucial role in the production of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs). Additionally, it is employed in the manufacture of agrochemicals, where it serves as a building block for creating pesticides and herbicides. Its nitrile group makes it valuable in the synthesis of various organic compounds, including dyes and specialty chemicals. The methoxy groups in its structure further enhance its reactivity, making it suitable for complex chemical transformations in research and industrial applications.