This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and fine chemicals. It is often employed in the development of complex molecules due to its reactive bromo and ester functional groups, which facilitate various chemical transformations. In medicinal chemistry, it serves as a building block for synthesizing compounds with potential therapeutic properties. Additionally, it is utilized in research settings for studying reaction mechanisms and developing new synthetic methodologies. Its dimethoxy groups also make it useful in creating specialized polymers and materials with specific properties.