This compound is primarily used in organic synthesis as a building block for more complex molecules. It serves as an intermediate in the production of pharmaceuticals, particularly in the development of active pharmaceutical ingredients (APIs) that require fluorinated aromatic structures. The fluorine atom in the molecule enhances the biological activity and metabolic stability of the resulting compounds, making it valuable in drug discovery. Additionally, it is utilized in agrochemical research to create novel pesticides and herbicides, where the fluorine substitution can improve efficacy and environmental persistence. Its ester group also allows for further chemical modifications, making it versatile in various synthetic pathways.