Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various chemicals, including pharmaceuticals and agrochemicals. Its nitrile group makes it valuable for constructing complex molecules through reactions like hydrolysis and reduction. Additionally, it is utilized in the manufacture of specialty polymers and resins, where its structure enhances material properties such as flexibility and durability. In research, it is employed as a building block for developing new compounds with potential biological activity.