Ethyl 7-methoxybenzofuran-2-carboxylate is primarily utilized in the field of organic synthesis as a key intermediate for the development of more complex chemical compounds. Its structure, featuring a benzofuran core with methoxy and ester functional groups, makes it a versatile building block in the synthesis of pharmaceuticals, particularly those targeting neurological and cardiovascular diseases. Additionally, it is employed in the creation of agrochemicals, where it contributes to the development of compounds with potential pesticidal or herbicidal properties. In material science, this chemical is explored for its potential in the synthesis of organic electronic materials, such as light-emitting diodes (LEDs) or organic semiconductors, due to its conjugated system and electron-donating methoxy group.