Used primarily in the synthesis of pharmaceuticals and agrochemicals, this compound serves as an intermediate in the production of various active ingredients. Its nitrile group makes it valuable for constructing complex molecules, particularly in the development of herbicides and fungicides. Additionally, it finds application in organic synthesis for creating specialty chemicals and dyes, where its methoxy and methyl substitutions offer specific reactivity and stability. Its role in research and development is significant for designing novel compounds with targeted biological activities.