This chemical is primarily used in organic synthesis as a versatile intermediate. It plays a key role in the production of pharmaceuticals, particularly in the synthesis of complex molecules with cyclopentane or cyclopentene structures. Its nitrile group allows for further functionalization, making it valuable in creating compounds with specific biological activities. Additionally, it is utilized in the development of agrochemicals, where it contributes to the synthesis of pesticides or herbicides. In materials science, it can be incorporated into polymers or specialty chemicals to modify their properties. Its reactivity and structural features make it a useful building block in various industrial and research applications.