This compound is primarily utilized in the synthesis of pharmaceuticals and agrochemicals due to its reactive phenylacetic acid structure. Its chloro and cyano functional groups make it a valuable intermediate in the production of various active ingredients. In pharmaceutical research, it is often employed to develop potential therapeutic agents, particularly in the creation of anti-inflammatory and analgesic drugs. Additionally, its chemical properties make it suitable for use in the development of herbicides and pesticides, where it contributes to the efficacy and specificity of these products. Its versatility in organic synthesis also extends to the preparation of fine chemicals and specialty materials.