This compound is primarily utilized in the field of organic synthesis as a versatile intermediate. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target various therapeutic areas. Its pyridine moiety makes it valuable in constructing complex molecules with potential biological activity. Additionally, it is employed in the preparation of agrochemicals, contributing to the development of pesticides and herbicides. Its ester functional group allows for further chemical modifications, making it a useful building block in research and industrial applications.