This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical structures. It is often employed in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs), particularly in the synthesis of compounds with potential therapeutic properties. The presence of nitro, fluoro, and ester groups makes it a versatile building block in medicinal chemistry, enabling the creation of molecules with specific biological activities. Additionally, it can be used in material science for the preparation of advanced materials, such as polymers or coatings, where its functional groups contribute to desired properties like stability or reactivity. Its role in research and development is significant, particularly in the exploration of new drug candidates and functional materials.