This compound is primarily utilized in the synthesis of various agrochemicals and pharmaceuticals. It serves as a key intermediate in the production of insecticides and herbicides, particularly those targeting pests and weeds in agricultural settings. Additionally, it is employed in the development of active pharmaceutical ingredients (APIs) for medications, especially in the creation of compounds with antimicrobial or antifungal properties. Its oxime functional group makes it valuable in chemical reactions such as condensation and cyclization, which are essential in constructing complex molecular structures.