Used primarily in organic synthesis, this compound serves as a versatile intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals. Its cyano and ester functional groups make it valuable for constructing complex molecules through reactions like hydrolysis, reduction, and cyclization. In the pharmaceutical industry, it is employed in the synthesis of active pharmaceutical ingredients (APIs) and drug candidates. Additionally, it finds application in the development of fine chemicals and as a building block in polymer chemistry for creating specialized materials. Its role in research and industrial processes highlights its importance in advancing chemical innovation.