Used primarily as an intermediate in organic synthesis, this compound serves in the preparation of pharmaceuticals and agrochemicals. Its reactive bromine functionality allows for substitution reactions, enabling the introduction of the ester group into more complex molecules. It is also employed in the synthesis of heterocyclic compounds and active pharmaceutical ingredients where a methyl ester with a bromoalkyl chain is required. Due to its alkylating properties, it can be involved in the construction of carbon-carbon bonds through coupling reactions. Handling requires caution due to its potential lachrymatory and corrosive effects.