This chemical is primarily used in organic synthesis as an intermediate for the production of various pharmaceuticals and agrochemicals. Its structure, featuring both cyano and methoxy functional groups, makes it a versatile building block in the development of complex molecules. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) where the benzoate moiety plays a crucial role in the final compound's biological activity. Additionally, it serves as a precursor in the manufacture of herbicides and insecticides, contributing to the development of effective crop protection agents. Its reactivity allows for further modifications, enabling chemists to tailor its properties for specific applications in drug discovery and agricultural chemistry.