This chemical is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of various pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) that require specific functional groups for biological activity. The bromoethoxy group in the molecule makes it a valuable building block for constructing more complex structures through nucleophilic substitution reactions. Additionally, it is used in the synthesis of liquid crystal materials, which are essential components in display technologies such as LCDs. Its role in the production of agrochemicals and fine chemicals further highlights its importance in industrial chemistry.