This chemical is primarily utilized in organic synthesis as a building block for more complex molecules. Its cyclobutylidene group makes it a valuable intermediate in the preparation of cyclobutane-containing compounds, which are often explored in pharmaceutical research for their potential biological activity. Additionally, it can be used in the development of fragrances and flavors due to its unique structural properties, which can impart specific olfactory characteristics. In material science, it serves as a precursor for polymers and coatings, contributing to the creation of specialized materials with tailored properties. Its reactivity also makes it suitable for use in cross-coupling reactions, enabling the construction of diverse organic frameworks.