This compound is primarily utilized in organic synthesis as a key intermediate in the production of various pharmaceuticals and agrochemicals. Its structure, featuring both a carboxylic acid and an ester functional group, makes it a versatile building block for constructing complex molecules. It is often employed in the development of herbicides and plant growth regulators due to its ability to interact with biological systems effectively. Additionally, its fluorine atoms enhance the stability and bioavailability of the final products, making it valuable in drug discovery and development processes.