This chemical is primarily utilized in organic synthesis as a versatile intermediate. It plays a crucial role in the production of various pharmaceuticals, particularly in the development of compounds with potential therapeutic effects. Its structure allows it to serve as a building block for more complex molecules, often contributing to the synthesis of active pharmaceutical ingredients (APIs) targeting neurological and cardiovascular disorders. Additionally, it is employed in agrochemical research for creating novel pesticides or herbicides, where its methoxyphenoxy group enhances biological activity. Its nitrile functionality also makes it valuable in the synthesis of heterocyclic compounds, which are widely used in medicinal chemistry.