Used in organic synthesis as a building block for creating complex molecules, particularly in the development of pharmaceuticals and agrochemicals. Its unique structure, featuring both an ethynyl and cyclopropyl group, makes it valuable for constructing compounds with specific biological activities. It is often employed in click chemistry reactions, leveraging the reactivity of the alkyne group. Additionally, it serves as an intermediate in the production of fine chemicals and specialty materials, where its functional groups enable precise modifications and transformations.