This compound is primarily utilized in the pharmaceutical and agrochemical industries as a key intermediate in the synthesis of more complex molecules. In pharmaceuticals, it serves as a building block for the development of active pharmaceutical ingredients (APIs), particularly those targeting specific enzymatic pathways or receptors. Its structural features, including the chloro and fluoro substituents, make it valuable for creating compounds with enhanced biological activity and selectivity. In agrochemicals, it is employed in the production of pesticides or herbicides, where its chemical framework contributes to the efficacy and stability of the final product. Additionally, its ester functional group allows for further chemical modifications, enabling the creation of diverse derivatives for research and industrial applications.