Used as an intermediate in organic synthesis, particularly in pharmaceuticals and agrochemicals. It serves as a building block for constructing more complex molecules due to the reactive bromine atom, which can undergo coupling reactions such as Suzuki or Heck reactions. The ethoxymethyl group provides solubility and can influence the electronic properties of the aromatic ring, making it useful in the development of functional materials and bioactive compounds. Commonly employed in the synthesis of benzoxazole derivatives and other heterocyclic systems with potential biological activity.