This compound is primarily utilized in the field of agrochemicals as an intermediate in the synthesis of more complex chemical structures. Its specific cyclopropane and aromatic ring configuration make it a valuable building block in the development of pesticides and herbicides. The presence of the chloro and methyl groups on the phenyl ring enhances its reactivity, allowing it to be effectively incorporated into molecules designed to target and disrupt the biological processes of pests or weeds. Additionally, its ester functional group provides a site for further chemical modifications, enabling the creation of derivatives with tailored properties for specific agricultural applications.