This compound is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of various biologically active molecules, particularly those targeting neurological and inflammatory pathways. Its unique structure, featuring a cyclopropane ring and a trifluoromethoxy group, makes it valuable for designing compounds with enhanced metabolic stability and receptor binding affinity. Researchers often employ it in the synthesis of potential therapeutic agents, including inhibitors or modulators of specific enzymes or receptors. Additionally, its application extends to agrochemical research, where it contributes to the creation of novel pesticides or herbicides with improved efficacy and selectivity.