Primarily utilized in the synthesis of agrochemicals, this compound serves as a key intermediate in the production of herbicides. Its structural properties make it effective in targeting and controlling unwanted vegetation in agricultural settings. Additionally, it plays a role in the development of pharmaceutical compounds, particularly in the creation of active ingredients for medications that require specific molecular configurations. Its use in research and development also extends to the study of nicotinic acid derivatives, contributing to advancements in both agricultural and medicinal chemistry.