(2-Phenylcyclopropyl)methanol is primarily used in organic synthesis as a versatile intermediate for the preparation of more complex chemical structures. Its cyclopropane ring and phenyl group make it a valuable building block in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. It is also employed in the creation of chiral molecules, where its structure aids in the formation of stereochemically defined products. Additionally, this compound finds use in materials science for the design of novel polymers and small molecules with specific functional properties. Its reactivity allows for further modifications, making it a key component in research and industrial applications.