Ethyl 2-(chroman-4-yl)acetate is primarily utilized in the synthesis of various organic compounds, particularly in the development of pharmaceuticals and agrochemicals. Its structure serves as a key intermediate in the production of compounds with potential biological activity, such as antioxidants, anti-inflammatory agents, and cardiovascular drugs. Additionally, it is employed in research settings to explore novel chemical reactions and pathways, contributing to advancements in medicinal chemistry. Its versatility makes it valuable for creating derivatives that can be tested for therapeutic or agricultural applications.