Used primarily as an intermediate in the synthesis of pharmaceuticals, particularly in the production of nicotinic acid derivatives and other bioactive molecules. It serves as a building block in agrochemicals for developing herbicides and insecticides due to its pyridine core, which enhances biological activity. Also employed in the manufacture of specialty polymers and ligands for catalysis, where its functional groups allow for selective reactions. Its acetyl and methyl groups enable further chemical modifications, making it valuable in research and development of new organic compounds.