This chemical is primarily utilized in organic synthesis as an intermediate for the production of more complex compounds. It is often employed in the development of pharmaceuticals, particularly in the creation of active pharmaceutical ingredients (APIs) that target specific biological pathways. Its structure, featuring a bromophenyl group, makes it valuable in cross-coupling reactions, such as Suzuki or Heck reactions, which are crucial in medicinal chemistry for constructing diverse molecular frameworks. Additionally, it can be used in agrochemical research to synthesize compounds with potential pesticidal or herbicidal properties. Its ester functional group also allows for further derivatization, enabling the creation of a wide range of derivatives for various industrial applications.