This compound is primarily used in organic synthesis as an intermediate for the development of more complex chemical structures. Its functional groups, including the bromo and fluoro substituents, make it a versatile building block in pharmaceutical research, particularly in the synthesis of active pharmaceutical ingredients (APIs). It is also employed in the production of agrochemicals, where it serves as a precursor for herbicides and pesticides. Additionally, its methoxy and ester groups contribute to its utility in materials science, where it can be used in the synthesis of specialty polymers and coatings. Researchers often utilize this compound in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig reactions, to create novel aromatic compounds with potential applications in drug discovery and material engineering.