This compound is primarily utilized in the pharmaceutical and agrochemical industries due to its unique structural properties. In pharmaceuticals, it serves as a key intermediate in the synthesis of bioactive molecules, particularly those targeting neurological disorders and inflammation. Its cyclopropyl and fluorinated phenyl groups enhance binding affinity to specific receptors, making it valuable in drug development. In agrochemicals, it is employed in the creation of advanced pesticides and herbicides, where its chemical structure contributes to improved efficacy and selectivity against pests and weeds. Additionally, its stability and reactivity make it suitable for use in organic synthesis and material science research.