Used in organic synthesis as a building block for creating more complex molecules, particularly in the development of pharmaceuticals and agrochemicals. Its structure, featuring a cyclopropane ring and a nitro group, makes it valuable for studying ring strain and reactivity in chemical reactions. It can also serve as an intermediate in the synthesis of biologically active compounds, such as inhibitors or ligands for various enzymes and receptors. Additionally, it has potential applications in material science for designing novel polymers or coatings with specific properties.