Used primarily as a chiral building block in the synthesis of pyrethroid insecticides, this compound contributes to the stereochemical integrity required for high biological activity in crop protection agents. Its cyclopropane core with defined stereochemistry enables efficient construction of complex ester structures that target insect nervous systems. It is also employed in asymmetric synthesis and pharmaceutical research where enantiopure cyclopropanes are needed. The carboxylic acid functionality allows for easy derivatization into amides, esters, and other key intermediates in agrochemical development.