This compound is primarily utilized in the synthesis of complex organic molecules, particularly in the pharmaceutical industry. It serves as a key intermediate in the production of agrochemicals and pesticides, where its structure is essential for creating compounds that target specific pests or diseases. Additionally, it is employed in research and development for designing novel drugs, especially those involving pyridine derivatives, due to its reactive functional groups that allow for further chemical modifications. Its role in organic synthesis also extends to the creation of fine chemicals and specialty materials.