This compound is primarily utilized in organic synthesis as a key intermediate for the production of various pharmaceuticals and agrochemicals. Its structure, featuring cyano, fluoro, and ester functional groups, makes it a versatile building block for constructing complex molecules. It is often employed in the development of active pharmaceutical ingredients (APIs) where the introduction of fluorine atoms can enhance the biological activity and metabolic stability of the final product. Additionally, its role in the synthesis of herbicides and pesticides highlights its importance in agricultural chemistry, where it contributes to the creation of compounds that improve crop protection and yield.