This compound is primarily utilized in the field of organic synthesis and material science. It serves as a key intermediate in the production of advanced polymers and specialty chemicals. Its unique structure, featuring a cyclopropane ring and bulky tert-butyl groups, makes it valuable for creating materials with enhanced thermal stability and mechanical properties. Additionally, it is employed in the development of antioxidants and stabilizers for industrial applications, particularly in protecting polymers and coatings from degradation caused by heat and oxidation. Its role in fine chemical synthesis also extends to the preparation of biologically active compounds for pharmaceutical research.