This chemical is primarily utilized in organic synthesis, particularly as a versatile reagent in the preparation of various heterocyclic compounds. It plays a significant role in the synthesis of pharmaceuticals, where it is employed to introduce cyano and thiourea functional groups into target molecules. Additionally, it is used in the development of agrochemicals, contributing to the creation of pesticides and herbicides with enhanced efficacy. Its reactivity also makes it valuable in the production of dyes and pigments, where it aids in achieving specific color properties. In research settings, it serves as a building block for the development of novel chemical entities with potential biological activities.