Used primarily as an intermediate in organic synthesis, this compound plays a crucial role in the production of pharmaceuticals and agrochemicals. Its reactive bromomethyl group allows it to participate in various alkylation reactions, facilitating the construction of complex molecular structures. Additionally, it is employed in the synthesis of fine chemicals, where its methoxy and ester functional groups contribute to the development of compounds with specific biological activities. Its applications extend to research and development, where it aids in the study of chemical reactions and the creation of novel materials.