This compound is primarily utilized in organic synthesis as a versatile intermediate. It plays a key role in the production of pharmaceuticals, agrochemicals, and fine chemicals. Its bromo and cyano functional groups make it a valuable building block for constructing complex molecules through various reactions, such as cross-coupling and nucleophilic substitution. Additionally, it is employed in the development of active pharmaceutical ingredients (APIs) and in research for designing novel compounds with potential biological activity. Its ester group further enhances its reactivity, making it suitable for esterification and transesterification processes.