This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring both a pyridine ring and a hydroxyl group, makes it a versatile building block for constructing more complex molecules. It is particularly valuable in the development of active pharmaceutical ingredients (APIs) that target neurological and inflammatory disorders. Additionally, its derivatives are explored for their potential use in crop protection agents, leveraging their ability to interact with biological systems effectively. The compound’s reactivity and stability under various conditions make it a preferred choice in research and industrial applications.