This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of various pharmaceuticals. Its unique structure, featuring a cyclopropane ring and a substituted phenyl group, makes it valuable for developing compounds with specific biological activities. It is often employed in the synthesis of anti-inflammatory and analgesic drugs, where its structural framework contributes to the efficacy of the final product. Additionally, it finds application in agrochemical research, particularly in the development of herbicides and pesticides, due to its ability to interact with biological targets in plants and pests. The compound’s versatility in chemical reactions also makes it a useful building block in material science for creating specialized polymers and coatings.