Methyl 2-(3-oxocyclobutyl)acetate is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the development of complex molecules, particularly in pharmaceutical research, where it serves as a building block for the synthesis of biologically active compounds. Its structure, featuring both a cyclobutyl ring and an ester functional group, makes it valuable for constructing cyclic and heterocyclic frameworks. Additionally, it is used in the preparation of fine chemicals and specialty materials, contributing to advancements in medicinal chemistry and material science.