This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex compounds. Its structure, featuring both a cyano group and an ester functionality, makes it valuable in the development of pharmaceuticals and agrochemicals. It is often employed in the synthesis of active pharmaceutical ingredients (APIs) where the benzoate moiety can be further modified to achieve desired biological activity. Additionally, its reactivity allows it to participate in various chemical reactions, such as nucleophilic substitutions and cyclizations, making it a versatile building block in medicinal chemistry. In agrochemical research, it can be used to develop novel pesticides or herbicides by leveraging its functional groups for targeted modifications.