This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It serves as a key building block for creating more complex molecules due to its reactive bromine groups and ester functionality. In the pharmaceutical industry, it is utilized in the development of compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Additionally, it finds application in research and development for designing and testing new chemical entities. Its stability and reactivity make it a valuable component in fine chemical manufacturing processes.