This chemical is primarily utilized in the synthesis of organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its unique structure, featuring a cyclobutane ring and a nitrile group, makes it a valuable intermediate in creating complex molecules. It is often employed in research and development to explore new drug candidates or active ingredients for crop protection. Additionally, it may be used in material science to design novel polymers or specialty chemicals with specific properties. Its applications are driven by its ability to participate in various chemical reactions, enabling the construction of diverse and functionalized compounds.