This compound is primarily utilized in the pharmaceutical and chemical research sectors as a key intermediate in the synthesis of more complex molecules. Its structure, featuring both a cyclobutane ring and a tert-butyl group, makes it valuable for constructing novel drug candidates, particularly those targeting central nervous system disorders. The compound's rigid cyclobutane ring can impart conformational stability to the resulting molecules, while the tert-butyl group can enhance lipophilicity, influencing drug absorption and distribution. Additionally, it is used in the development of peptide mimetics and as a building block in medicinal chemistry for exploring structure-activity relationships. Its applications also extend to agrochemical research, where it serves as a precursor for designing new active ingredients with improved efficacy and selectivity.