Ethyl 3-methylbenzofuran-2-carboxylate is widely used in the synthesis of organic compounds, particularly in the development of pharmaceuticals. It serves as a key intermediate in the production of various therapeutic agents, including anti-inflammatory and antimicrobial drugs. Its benzofuran structure is essential for creating biologically active molecules that target specific pathways in the body. Additionally, this compound is utilized in material science for the development of organic electronic materials, such as light-emitting diodes (LEDs) and organic semiconductors, due to its ability to enhance electron mobility and stability. In research, it is often employed as a building block in organic synthesis to explore novel chemical reactions and develop new compounds with potential industrial or medicinal applications.