This chemical is primarily used in organic synthesis as an intermediate for the production of more complex compounds. It is often employed in the pharmaceutical industry to develop active pharmaceutical ingredients (APIs) due to its reactive bromine and ester functional groups, which allow for further chemical modifications. Additionally, it serves as a building block in the synthesis of agrochemicals, such as herbicides and pesticides, where its structure can be tailored to enhance efficacy. In research laboratories, it is utilized in the development of novel organic molecules, particularly in studies involving cross-coupling reactions, where the bromine atom acts as a key site for coupling with other organic fragments. Its methoxy group also makes it a useful precursor in the synthesis of fine chemicals and specialty materials.