Used primarily in organic synthesis as an intermediate for the production of complex molecules. It is valuable in the development of pharmaceuticals, particularly in the creation of compounds with potential therapeutic effects. The bromine atoms in its structure make it a versatile reagent for further functionalization through substitution reactions. It is also employed in the synthesis of agrochemicals and fine chemicals, where its dimethoxy and ester groups contribute to the desired chemical properties. Additionally, it serves as a building block in materials science for designing advanced polymers and coatings.