This chemical is primarily utilized in organic synthesis as an intermediate for the preparation of more complex molecules. It is particularly valuable in the development of pharmaceutical compounds, where its functional groups enable the creation of active ingredients with specific therapeutic properties. Additionally, it serves as a key building block in the synthesis of fine chemicals and agrochemicals, contributing to the production of herbicides, fungicides, and other crop protection agents. Its bromoacetyl group makes it a useful reagent for introducing reactive sites in target molecules, facilitating further chemical modifications.