This compound is primarily utilized in the field of organic synthesis, where it serves as an intermediate for the production of more complex molecules. Its structure, featuring a cyclopropane ring and tert-butyl groups, makes it valuable in the development of pharmaceuticals and agrochemicals. The compound is often employed in research settings to study cyclopropane ring-opening reactions, which are crucial in creating biologically active compounds. Additionally, its sterically hindered aromatic system can be leveraged in the design of materials with specific electronic or photophysical properties, such as organic semiconductors or light-emitting diodes (LEDs). Its stability and unique structural features also make it a candidate for use in catalysis and polymer chemistry, where it can influence the properties of the final product.