This compound is primarily utilized in pharmaceutical research and development, particularly in the synthesis of novel drug candidates. Its structure, featuring a cyclopropane ring and a trifluoromethylphenyl group, makes it a valuable intermediate in the creation of molecules targeting central nervous system disorders. It has shown potential in the development of antidepressants and anxiolytics due to its ability to modulate neurotransmitter systems. Additionally, it is explored in medicinal chemistry for its role in designing compounds with improved bioavailability and selectivity. Researchers also investigate its use in the development of agrochemicals, particularly in creating pesticides with enhanced efficacy and lower environmental impact.