Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its benzoyl and nitrile functional groups make it valuable for constructing complex molecules, particularly in the development of active pharmaceutical ingredients (APIs). Additionally, it is employed in the synthesis of photoinitiators for UV-curable coatings and inks, enhancing their efficiency and performance. In materials science, it contributes to the creation of advanced polymers and resins with specific optical or mechanical properties. Its versatility in chemical reactions also makes it a useful reagent in academic and industrial research for exploring new synthetic pathways.