This chemical is primarily utilized in organic synthesis as an intermediate for the development of more complex compounds. Its structure, featuring a nitrophenyl group and a cyclobutane ring, makes it valuable in the synthesis of pharmaceuticals, particularly in the creation of molecules with potential biological activity. It is also employed in research settings to study cyclobutane ring systems and their reactivity, which can be useful in designing novel materials or drugs. Additionally, its nitrile group can serve as a precursor for further functionalization, enabling the production of amines, acids, or other derivatives for various industrial applications.