This compound is primarily utilized in the field of organic synthesis, where it serves as a versatile building block for the development of more complex molecules. Its unique structure, featuring a nitrile group and a methylated azetidine ring, makes it particularly valuable in the construction of heterocyclic compounds, which are often found in pharmaceuticals and agrochemicals.

In medicinal chemistry, it is employed as an intermediate in the synthesis of potential drug candidates, especially those targeting central nervous system disorders, due to the azetidine ring's ability to influence biological activity. Additionally, its nitrile functionality can be further modified to introduce various functional groups, enhancing its utility in creating diverse chemical libraries for drug discovery.

The compound also finds application in material science, where it can be used to develop novel polymers or coatings with specific properties, such as improved stability or reactivity. Its incorporation into larger molecular frameworks can lead to materials with tailored characteristics for industrial applications.

Overall, its role as a key intermediate in synthetic chemistry underscores its importance in advancing research and development across multiple scientific disciplines.