Used primarily as an intermediate in organic synthesis, this compound is valuable in the production of pharmaceuticals, agrochemicals, and specialty chemicals. It features an epoxide (oxirane) group and a nitrile group, allowing for versatile reactions such as epoxide ring-opening and nitrile modifications, enabling the creation of complex molecules with specific properties. It may also be employed in the development of epoxy resins, coatings, or adhesives due to its ability to form strong, durable polymer networks. Additionally, it finds use in research for designing novel compounds with potential biological activity.