Used primarily as an intermediate in the synthesis of agrochemicals and pharmaceuticals, this compound serves as a reactive ester in organic transformations. Its structure allows for efficient introduction of phenoxy-based moieties into larger molecules, making it valuable in the development of herbicides and plant growth regulators. The chlorophenoxy group enhances lipophilicity, aiding in membrane penetration in bioactive compounds. It is also employed in controlled release formulations due to its ability to undergo enzymatic or hydrolytic cleavage, enabling timed delivery of active agents. Its application extends to polymer chemistry as a crosslinking or modifying agent in specialty resins.