This chemical is primarily used as a key intermediate in the synthesis of various organic compounds, particularly in the production of agrochemicals and pharmaceuticals. Its unique structure allows it to act as a building block for creating molecules with specific biological activities. In agriculture, it is utilized in the development of pesticides and herbicides, where its reactivity helps in forming compounds that target pests or weeds effectively. In the pharmaceutical industry, it serves as a precursor for the synthesis of active pharmaceutical ingredients (APIs) that may exhibit antimicrobial, antifungal, or other therapeutic properties. Additionally, its cyanoacrylate moiety makes it useful in certain adhesive formulations, where it contributes to quick bonding and strong adhesion properties.