This compound is primarily utilized in the synthesis of various pharmaceuticals and agrochemicals due to its versatile chemical structure. It serves as a key intermediate in the production of active pharmaceutical ingredients (APIs), particularly in the development of drugs targeting neurological and cardiovascular diseases. Its pyridine core and functional groups make it a valuable building block for creating complex molecules with potential therapeutic effects. Additionally, it is employed in the preparation of herbicides and insecticides, contributing to crop protection and pest management in agriculture. Its reactivity and stability under different conditions make it a preferred choice in organic synthesis and industrial applications.