This chemical is primarily utilized in organic synthesis as a versatile intermediate for the production of more complex molecules. It is often employed in pharmaceutical research for the development of active pharmaceutical ingredients (APIs), particularly those targeting specific receptors or enzymes. The presence of both bromine and fluorine atoms on the aromatic ring makes it a valuable building block for creating compounds with potential biological activity. Additionally, it is used in material science for the synthesis of advanced polymers and coatings, where the unique properties of the halogenated aromatic ring can enhance performance characteristics such as stability and resistance to degradation. Its ester functional group also allows for further chemical modifications, making it a key component in the synthesis of fine chemicals and specialty materials.