Used as a key intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its dual bromine functionality allows for selective substitution reactions, making it valuable in constructing complex molecules, including cyclopropane derivatives through reactions with nucleophilic carbon compounds like enolates or alkenes via double alkylation processes. Commonly employed in the development of active pharmaceutical ingredients where a propionate backbone with reactive sites is needed. Also utilized in the synthesis of specialty polymers and functionalized esters for fine chemical applications.