Used in the synthesis of herbicides, particularly in phenoxyacetic acid-based compounds that regulate plant growth. Acts as an intermediate in agrochemical manufacturing due to its cyanophenoxy structure, which contributes to selective weed control. Also employed in the development of pharmaceuticals where aromatic nitrile and carboxylic acid functionalities are required for bioactive molecule design. Its reactivity allows for easy modification in organic synthesis, making it valuable in creating specialty chemicals and functional materials.