Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of active ingredients that require aromatic nitrile and ester functionalities. Its structure allows for further transformations, such as hydrolysis, reduction, and cyclization reactions, making it valuable in constructing heterocyclic compounds. Commonly employed in the preparation of drug candidates targeting central nervous system disorders and inflammatory conditions. Also utilized in the manufacture of specialty chemicals and functional materials where cyanobenzoate derivatives enhance performance.