This chemical is primarily used in the synthesis of various pharmaceutical compounds, particularly those targeting neurological and cardiovascular diseases. It serves as a key intermediate in the development of active pharmaceutical ingredients (APIs) that require a picolinate backbone. Its chloromethyl group allows for further functionalization, making it versatile in organic synthesis for creating complex molecules. Additionally, it is utilized in agricultural chemistry for designing novel pesticides and herbicides, where its structure contributes to the efficacy of the final product. Researchers also explore its potential in material science for developing advanced polymers and coatings.