Used primarily in organic synthesis, this compound serves as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring a nitrophenyl group and a cyclopropane ring, makes it valuable for developing compounds with potential biological activity. It is often employed in the synthesis of inhibitors and other bioactive molecules, particularly in research targeting enzyme modulation. Additionally, it can be utilized in the preparation of dyes and pigments due to its aromatic nitro group, which contributes to color formation. Its applications also extend to material science, where it aids in the development of advanced polymers and coatings.