Used primarily as a synthetic intermediate in organic chemistry, this compound serves in the preparation of cyclopropane-containing molecules, which are important in pharmaceutical development due to their metabolic stability and ability to influence molecular conformation. It is employed in alkylation reactions and can function as a building block in the synthesis of bioactive compounds, including potential drug candidates. Its bromoethyl group allows for further functionalization through nucleophilic substitution, making it valuable in the construction of complex organic structures. Additionally, it may be used in the development of agrochemicals and specialty chemicals where cyclopropyl motifs enhance activity or stability.