Used primarily as an intermediate in organic synthesis, particularly in pharmaceuticals and agrochemicals. Its bromine functionality allows for cross-coupling reactions, enabling the construction of complex molecules. Commonly employed in the preparation of active ingredients in crop protection agents due to its ability to modify lipophilicity and bioavailability. Also utilized in fragrance synthesis, where it contributes to fruity, waxy aroma notes in flavor and perfume formulations. Its ester group facilitates hydrolysis or transesterification, making it adaptable for further chemical modifications in industrial processes.