This chemical is primarily used in the field of organic synthesis as an intermediate for the production of more complex compounds. It finds application in the development of pharmaceuticals, particularly in the synthesis of active pharmaceutical ingredients (APIs) that target specific biological pathways. Additionally, it is utilized in the research and development of agrochemicals, where it serves as a building block for creating novel pesticides or herbicides. Its cyclopropane ring structure makes it valuable in the study of ring strain and reactivity, which is crucial in designing molecules with desired properties. In material science, it can be employed in the synthesis of specialty chemicals or polymers with unique characteristics. Its versatility in chemical reactions makes it a useful component in laboratories focused on innovative chemical processes.