This compound is primarily utilized in the field of organic synthesis as an intermediate for the development of more complex chemical structures. It plays a crucial role in the pharmaceutical industry, where it is used in the synthesis of active pharmaceutical ingredients (APIs) that target various therapeutic areas. Its structure, featuring a cyclopropane ring and a tert-butyl ester group, makes it a valuable building block for creating molecules with potential biological activity. Additionally, it is employed in research settings to study and develop new chemical reactions or pathways, particularly those involving cyclopropane derivatives. Its application extends to the fine chemicals industry, where it contributes to the production of specialized compounds for advanced materials or agrochemicals.