Used primarily in organic synthesis, it serves as an intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals. Its formyl and nitrile functional groups make it versatile for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). It is also employed in the synthesis of heterocyclic compounds, which are crucial in drug discovery and material science. Additionally, it finds use in the preparation of dyes and pigments due to its ability to form stable aromatic structures.