This compound is primarily utilized in organic synthesis as a key intermediate in the production of pharmaceuticals and agrochemicals. Its cyclopropane ring structure, combined with the fluorophenyl group, makes it a valuable building block for designing molecules with specific biological activities. It is often employed in the development of drugs targeting central nervous system disorders, due to its potential to interact with neurotransmitter systems. Additionally, its unique structure is explored in the synthesis of herbicides and insecticides, where it can enhance the efficacy and selectivity of these products. Researchers also investigate its use in material science for creating specialized polymers with tailored properties.