This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its role as an intermediate in organic reactions. It is particularly valuable in the production of active ingredients for drugs targeting neurological and cardiovascular conditions. Its nitrile group makes it a versatile building block for constructing complex molecules through various chemical transformations, such as hydrolysis or reduction. Additionally, it finds application in the development of herbicides and pesticides, where its structural properties contribute to the efficacy of the final product. Its methoxy and methyl groups also enhance its reactivity in electrophilic substitution reactions, making it useful in fine chemical manufacturing.