This chemical is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its cyclopropane ring structure makes it valuable for constructing compounds with specific three-dimensional configurations, which are often required in the development of pharmaceuticals.

In medicinal chemistry, it is particularly useful for the synthesis of potential drug candidates, especially those targeting neurological disorders. The presence of the chlorophenyl group enhances its ability to interact with biological targets, making it a suitable building block for molecules that modulate receptor activity.

Additionally, this compound finds application in agrochemical research. Its structural features are explored in the design of novel pesticides or herbicides, where the cyclopropane ring can contribute to the stability and efficacy of the active ingredients.

Overall, its versatility in synthesis and potential biological activity make it a valuable component in both pharmaceutical and agrochemical industries.