Used extensively in organic synthesis, this compound serves as a key intermediate in the production of various heterocyclic compounds. Its unique structure makes it valuable in the development of pharmaceuticals, particularly in the synthesis of potential anticancer and antimicrobial agents. Additionally, it is employed in the creation of organic electronic materials, contributing to advancements in optoelectronics and photovoltaics. Researchers also utilize it in the study of chemical reactions involving nitrile groups, aiding in the development of novel synthetic methodologies. Its application in dye chemistry is notable, where it acts as a precursor for the synthesis of specialized dyes with specific optical properties.