This compound is primarily utilized in organic synthesis as a building block for more complex molecules. Its structure, featuring both chloro and fluoro substituents, makes it a valuable intermediate in the development of pharmaceuticals and agrochemicals. The ester group allows for further chemical modifications, enabling the creation of various derivatives with potential biological activity. Additionally, it serves as a precursor in the synthesis of specialty chemicals used in research and industrial applications, particularly in the fields of medicinal chemistry and material science. Its unique substitution pattern also makes it useful in studies involving structure-activity relationships (SAR) to optimize the efficacy of active compounds.