Used as an intermediate in the synthesis of pharmaceuticals, particularly in the development of nonsteroidal anti-inflammatory drugs (NSAIDs) and other bioactive molecules. Its structure allows for selective functionalization on the aromatic ring, making it valuable in medicinal chemistry for constructing complex organic molecules. Commonly employed in cross-coupling reactions, such as Suzuki or Heck reactions, to introduce aryl or alkenyl groups. Also utilized in the preparation of agrochemicals and specialty materials where halogenated aromatic esters serve as key building blocks.