This compound is primarily utilized in organic synthesis as a versatile intermediate for the preparation of various heterocyclic compounds. Its structure, featuring both a cyclopropyl group and a furan ring, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of potential drug candidates with anti-inflammatory, antimicrobial, or anticancer properties. Additionally, it serves as a building block in the creation of agrochemicals, where its unique chemical framework contributes to the design of novel pesticides or herbicides. Its aldehyde functional group allows for further chemical modifications, enabling its use in the production of fine chemicals and specialty materials. Researchers also explore its potential in material science for the development of organic electronic components or advanced polymers.