Used as an intermediate in organic synthesis, particularly in the preparation of functionalized polymers and specialty chemicals. Its bromine functionality allows for further derivatization through cross-coupling reactions or nucleophilic substitutions, making it valuable in pharmaceutical and agrochemical research. The ester group can be hydrolyzed to yield carboxylic acid derivatives, enabling incorporation into larger molecular architectures. Commonly employed in the synthesis of heterocyclic compounds and as a building block in the development of bioactive molecules.