Used as an intermediate in the synthesis of pharmaceuticals, particularly in the production of anti-inflammatory and analgesic agents. It serves as a building block for more complex organic molecules due to the presence of both ester and chlorophenyl functional groups. Commonly employed in research settings for developing new active pharmaceutical ingredients (APIs). Also utilized in the preparation of agrochemicals and specialty chemicals where aromatic ester derivatives are required. Its reactivity allows for easy modification through nucleophilic substitution or ester hydrolysis, making it valuable in multi-step organic syntheses.