This compound is primarily used as an intermediate in the synthesis of various agrochemicals and pharmaceuticals. Its oxime functional group makes it valuable in the production of pesticides, herbicides, and fungicides, where it acts as a key building block for active ingredients. Additionally, it is utilized in the development of certain drugs, particularly those targeting neurological and metabolic disorders, due to its ability to form stable derivatives. In industrial applications, it serves as a stabilizer or additive in polymer production, enhancing the durability and performance of materials. Its role in organic synthesis also extends to the creation of specialty chemicals used in research and development.