Used primarily as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It plays a key role in the development of active pharmaceutical ingredients (APIs) due to its functional groups, which allow for further chemical modifications. The compound is also employed in research and development for creating novel compounds with potential therapeutic properties. Its fluorine and ester groups make it valuable for designing molecules with specific biological activities. Additionally, it can be utilized in the synthesis of dyes, pigments, and other specialty chemicals.