This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex molecules. It is often employed in the development of pharmaceuticals, particularly in the synthesis of compounds with potential therapeutic properties. The presence of both the bromo and ester functional groups makes it a versatile building block for constructing molecules with specific biological activities. Additionally, it can be used in research settings to study reaction mechanisms or to develop new synthetic methodologies. Its application extends to materials science, where it may be incorporated into polymers or other advanced materials to impart desired chemical or physical properties.